$BTC is trading sideways around $73,700 — derivatives are "cooling off" after a period of sharp volatility
• Total market liquidations: ~$243 million/24h, with longs accounting for ~61% — far below the ~$718–723 million recorded on 11/11, as liquidation pressure from leveraged positions has clearly eased.
• Total open interest: ~$73.5 billion, down 1.44%/24h; $BTC alone: ~$30.3 billion, and $ETH : ~$14.5 billion — leveraged capital is gradually flowing out, and the market is less "heated."
• Average funding rates: $BTC +0.0081%/8h, $ETH +0.0069%/8h — longs are still paying a fee, but rates are low, with no signs of excessive euphoria.
• Largest liquidation clusters: ~$73.5 million in longs around $73,057, and ~$58.8 million in shorts around $75,340 — the price is currently caught between these two zones.
• Fear & Greed: 28 (Fear); $ETH : ~$2,053. US CPI data due on 11/13 could be the next catalyst.
Levels to watch: support at $72,700–$73,000, resistance at $75,000–$75,600. If funding rates surge again while OI rebounds, the risk of leveraged liquidations will return.
This article is for market information and analysis only, and is not investment advice.
$BTC $ETH #Bitcoin #Crypto #Derivatives
• Total market liquidations: ~$243 million/24h, with longs accounting for ~61% — far below the ~$718–723 million recorded on 11/11, as liquidation pressure from leveraged positions has clearly eased.
• Total open interest: ~$73.5 billion, down 1.44%/24h; $BTC alone: ~$30.3 billion, and $ETH : ~$14.5 billion — leveraged capital is gradually flowing out, and the market is less "heated."
• Average funding rates: $BTC +0.0081%/8h, $ETH +0.0069%/8h — longs are still paying a fee, but rates are low, with no signs of excessive euphoria.
• Largest liquidation clusters: ~$73.5 million in longs around $73,057, and ~$58.8 million in shorts around $75,340 — the price is currently caught between these two zones.
• Fear & Greed: 28 (Fear); $ETH : ~$2,053. US CPI data due on 11/13 could be the next catalyst.
Levels to watch: support at $72,700–$73,000, resistance at $75,000–$75,600. If funding rates surge again while OI rebounds, the risk of leveraged liquidations will return.
This article is for market information and analysis only, and is not investment advice.
$BTC $ETH #Bitcoin #Crypto #Derivatives