People who were calling a reversal just this morning got their faces slapped by nightfall.
$BTC was still surging to 81,196 during the day, and ETFs even saw net inflows of $74.6 million on Wednesday. Then, as soon as night fell, it plunged straight below 80,000. Current price: 79,644. $ETH had it even worse: it just touched 2,450, then tumbled back to 2,387. The 2,400 mark disappeared in an instant.
Over the past 24 hours, $723 million in positions were liquidated across the crypto market, wiping out 102,000 traders. The largest single liquidation was on HTX: a $38 million ETH long position vanished just like that. Those who bought the dip during the day became fuel by night.
The nonfarm payrolls report is due tomorrow night at 21:30, with expectations at just 65,000, while an 80% chance of a rate hike hangs over the market. Is tonight's 80,000 level just a shakeout—or the real top?
A: A break below is just a fakeout—the time to grab a bargain before the payrolls report is here.
B: The rebound will last just one day. If 80,000 doesn't hold, it's headed for 76,000.
$BTC $ETH $SOL
#比特币 #爆仓 #Nonfarm
$BTC was still surging to 81,196 during the day, and ETFs even saw net inflows of $74.6 million on Wednesday. Then, as soon as night fell, it plunged straight below 80,000. Current price: 79,644. $ETH had it even worse: it just touched 2,450, then tumbled back to 2,387. The 2,400 mark disappeared in an instant.
Over the past 24 hours, $723 million in positions were liquidated across the crypto market, wiping out 102,000 traders. The largest single liquidation was on HTX: a $38 million ETH long position vanished just like that. Those who bought the dip during the day became fuel by night.
The nonfarm payrolls report is due tomorrow night at 21:30, with expectations at just 65,000, while an 80% chance of a rate hike hangs over the market. Is tonight's 80,000 level just a shakeout—or the real top?
A: A break below is just a fakeout—the time to grab a bargain before the payrolls report is here.
B: The rebound will last just one day. If 80,000 doesn't hold, it's headed for 76,000.
$BTC $ETH $SOL
#比特币 #爆仓 #Nonfarm
