This week is still a negative decline. Do you think the bull market is still there?
According to Coinglass data on June 11, the entire network had a liquidation of $125 million in the past 24 hours, of which long orders were liquidated for $105 million and short orders were liquidated for $20.4552 million.
Yesterday, I saw many people still opening long orders. I don’t know if they are still there now, and whether they have stop-profit and stop-loss orders.
Cut meat with a blunt knife, drop five points every day, and it will rebound when everyone is quiet.
If you can’t beat it, join it. In the past few days, I have been shorting it when it rebounded. Follow the trend.
On June 11, according to Farside data, the US spot Bitcoin ETF had a net outflow of $64.9 million yesterday. Among them, IBIT had a net inflow of $6.3 million, GBTC had a net outflow of $39.5 million, and BTCO (Invesco Galaxy Bitcoin ETF) had a net outflow of $20.5 million.
The panic greed index is not 74. Greed.
The long-short ratio is 69% bullish