Over the past 24 hours, #加密市场 fell 5.3%. U.S. inflation came in higher than expected, pushing up Treasury yields and interest rate expectations, and was the main source of pressure behind this decline.
At the same time, the drop in #BTC triggered leveraged liquidations. Continued outflows from spot ETFs and weakness in tech stocks also intensified the sell-off.
In the short term, watch two levels: whether $68,500–$69,000 can hold, and whether BTC can climb back above $70,000. ETF fund flows will also affect the market’s subsequent direction.
Liquidation alert: Over the past 24 hours, 187,455 traders were liquidated across the network, with total liquidations of $1.647 billion. Long liquidations totaled $1.464 billion, and short liquidations totaled $183 million.
At the same time, the drop in #BTC triggered leveraged liquidations. Continued outflows from spot ETFs and weakness in tech stocks also intensified the sell-off.
In the short term, watch two levels: whether $68,500–$69,000 can hold, and whether BTC can climb back above $70,000. ETF fund flows will also affect the market’s subsequent direction.
Liquidation alert: Over the past 24 hours, 187,455 traders were liquidated across the network, with total liquidations of $1.647 billion. Long liquidations totaled $1.464 billion, and short liquidations totaled $183 million.
