Bloomberg: Over the past year, Bitcoin’s 24-hour liquidations exceeded $500 million 13 times—what does this mean for the market?
Somewhat negative. Short-term sentiment can easily take a hit; the key is whether selling pressure will persist. I’ll compare trading volume with normal levels later to see whether anything has really changed.
Related asset: $BTC , down 2.29% intraday
This is just my personal opinion, not investment advice.
Somewhat negative. Short-term sentiment can easily take a hit; the key is whether selling pressure will persist. I’ll compare trading volume with normal levels later to see whether anything has really changed.
Related asset: $BTC , down 2.29% intraday
This is just my personal opinion, not investment advice.
