Bitcoin doesn’t give you time to think about breaking through $57,000.

The fact that Bitcoin has been trading sideways around US$51,000 for 11 consecutive days is actually a sign that giant whales and institutions are trying to take out the cheap chips in your hands. Yesterday, I God predicted that "Bricks" boldly said that Bitcoin will fall below US$50,000 in the last two days of February. You are relieved to have cut off the meat, and the whales and institutions have also achieved their goal of attracting funds. At this moment, Bitcoin has reached 57,500 US dollars, and short positions have been suppressed again. The contract market has once again recorded the largest liquidation in 2024, and the entire network exploded in less than an hour. The position was US$219 million, of which long positions were liquidated at US$25.6277 million and short positions were liquidated at US$194 million.

The liquidation of BTC was US$125 million, and the liquidation of ETH was US$33.892 million. In fact, the moment Bitcoin plummeted to 15,450 US dollars in FTX, Niu Zong Finance reminded Star Lao Tie to hold a long-term position in Bitcoin. On February 21, Niu Zong Finance once again prompted Planet Lao Ti to increase its position at US$50,890. In terms of data, in addition to IBIT, Outside of BTCO and BRRR, ETFs saw $403 million worth of Bitcoin inflow today, and the daily flow record for U.S. spot ETFs was $655 million on the first day. This was followed by February 13, when they saw an inflow of $631 million. (All figures are net traffic). If IBIT can shine today, it could surpass its first-day record. The total market capitalization of Bitcoin ETFs (including spot and futures ETFs) is US$42.008 billion, and the total assets under management (AUM) are US$39.805 billion.

Among them, the top three Bitcoin ETFs in terms of asset management scale are: GBTC asset management scale reaches US$24.214 billion; IBIT asset management scale reaches US$6.649 billion; FBTC asset management scale reaches US$4.732 billion. Bitcoin halving is approaching, analysts It is believed that Bitcoin will break through the historical high of 69,000 in the 2021 bull market before the halving. This prediction is also possible. #BTC #ETH #sol #pepe #热门话题