The strength of market fluctuations and washouts has been quite intense Many people have already been shaken out Either blown up Or acting cautiously Binance now also allows adding friends If you have questions, information, or want to follow along, come on over
March 19 Analysis: Nearly 140,000 People Liquidated! How Can Bitcoin and Ethereum Make Profits in Both Long and Short Positions? The more fiercely the 'dog' is scolded, the more stable it stands?
The cryptocurrency market directly wiped out all gains since the 15th last night, with PPI inflation data triggering a market crash, causing Bitcoin to plunge to around 70500 and Ethereum to drop below 2153. Essentially, the market's lack of confidence in the bull market is evident, leading to a coordinated sell-off. Currently, risk-averse sentiment is strong, which greatly tests the ability to manage a short position.
In the past 24 hours, a total of 138,991 people across the network have been liquidated, with a total liquidation amount of $457 million, including $382 million in long liquidations and $74.1277 million in short liquidations.
BTC
The market has fallen as expected, and after the end of the eight consecutive bullish days, the bulls have lost momentum, and the peak signal has also emerged. In the afternoon, it was originally predicted that a shift to downward movement would occur around five or six o'clock, but it actually fell around seven or eight o'clock, with a discrepancy of just one hour. The impact of the news in the early morning will not be too significant, and in terms of policy, it is highly likely to remain unchanged.
The market has fallen as expected. As soon as Bitcoin's eight consecutive days of gains ended, the bulls lost momentum, and the top signal has also appeared. This afternoon, it was originally anticipated that the market would reverse and move down around five or six o'clock, but it didn't drop until seven or eight o'clock, resulting in a one-hour discrepancy. The impact of the overnight news won't be too significant, and in terms of policy, it is highly likely to remain unchanged.
After the price broke below the rising channel, it quickly plummeted by four to five thousand points. It is now at the first support level near 70,000. The first wave of sharp decline has reached its target, and it is highly likely that there will be a downward continuation. If it rebounds to 72,500–73,000, short positions can be considered again. If it breaks below the support area of 69,000–70,000, the next target will be 65,000.
HYPE exchange is quite interesting. It is the first on-chain platform authorized to trade S&P 500 contracts, and now you can trade crude oil, gold, US stock indices, and Korean stock contracts. More varieties will continue to be added in the future, basically whatever you want to trade is available.
From this perspective, as long as the financial market has fluctuations, $HYPE can reap the benefits.
Of course, the biggest risk is regulation. Currently, there is no clear statement from the United States regarding on-chain DEXs; as long as regulation does not take action, prices will be hard to drop.
But I personally think that HYPE being targeted is just a matter of time; it’s just a matter of when it will happen.
March 18 Analysis: Bitcoin and Ethereum Rise Then Plunge! The Million Dollar Curse Returns, Pay Attention to Tonight's Major Events!
During the day, there was high selling and low buying in a small range, and trading volume has begun to shrink. Many people are waiting for the U.S. market to open tonight, as well as the Federal Reserve's decision at 2 AM, and more importantly, Powell's press conference at 2:30.
In the past 24 hours, a total of 83,512 people have been liquidated across the network, with a total liquidation amount of $210 million, of which long positions were liquidated for $131 million and short positions for $79.7425 million.
BTC
Bitcoin has basically peaked in the short term, the previous top has already formed, the daily line has also broken the eight consecutive gains, and the price is being pressed by the trend line, with heavy selling pressure above, and the bullish strength is obviously weakening. Even if there is a rebound next, it is highly likely to be a trap for the bulls. Those who haven't entered the market should wait for a high point to short.
The biggest positive in the crypto circle today is a significant SEC document. This document, led by the new SEC Chairman Paul Atkins, was released in conjunction with the CFTC as an explanatory guide that clearly categorizes crypto assets into five types, establishing rules at last:
Digital commodities: Mainstream coins like BTC, ETH, SOL, XRP, $ADA , $DOGE are explicitly not classified as securities and fall under CFTC regulation, which clarifies their status.
Digital collectibles: NFTs and most meme coins are also not considered securities.
Digital tools: Practical tokens such as domain names and certificates are also classified as non-securities.
Stablecoins: Compliant payment-type stablecoins are explicitly not classified as securities.
Digital securities: Only those on-chain equivalents of traditional stocks and bonds are classified as securities.
More importantly, common on-chain operations such as mining, PoS staking (including liquid staking like stETH), airdrops (as long as they are not purchased), and token wrapping are clearly not considered securities transactions as long as they meet certain conditions.
The significance of this signal is immense: Previously, projects were often labeled as “securities” at the slightest provocation, leaving everyone on edge. Now, the regulatory mindset has completely shifted from widespread “crackdowns” to clearly defining boundaries and encouraging compliant innovation.
For mainstream public chains, exchanges, and institutional funds, this is an incredibly certain positive development. Many people exclaimed after reading it: The spring of crypto regulation has finally arrived!
From the liquidation chart, $ETH ETH is about to hit another high point, which would basically clear out most of the shorts. Now there is only a large chip area above the previous high, whether this position will be touched is uncertain, because the higher you go, the heavier the selling pressure.
If the second complex head formation occurs, it may first break some resistance and then breach a small high point. How it proceeds will depend on the strength of the rebound at the next high point before making a judgment.
After the Circle annual report was released, this rebound has indeed been quite strong, and it has now risen to over 120 dollars, which can be considered a weekly level rebound. However, looking at the relationship between trading volume and price, problems have started to emerge.
There have been two consecutive occurrences of "volume-price divergence," meaning that although the price is rising, the trading volume is clearly shrinking, and the pace of the increase has also slowed down. This situation usually indicates a signal that buying pressure is gradually weakening and the sustainability of funds is not as strong.
So don't be too optimistic in the future; even if it can push up a bit in the short term, breaking through the resistance level of 159 dollars at the monthly level will likely be quite challenging.
Playing with the BSC chain dog $MEME , still needs to be related to Binance to work; other so-called big shots' openings are useless.
Look, today Binance's investment in the AI project Titan $TITAN came out, and what #骡子快跑 directly lost its appeal. In just one morning, liquidity hit the upper limit of over 2 million, and it surged all the way up with hardly any pullback.
As expected, the landlord's chain must follow the landlord. The correct way to play BSC now is: only P the memes from the second saints, only play AI with direct investments from Binance; no one else can sell anything, even if Musk comes, he has to throw in two hundred before he can speak.
In the past week, most of the short positions on Ethereum have been blown up.
The current situation is quite interesting: if Ethereum $ETH rises to 2600, it could blow up a maximum of 600 million shorts; but if it drops back to 2090, it could directly blow up 3.4 billion longs.
In other words, the destructive power of a downward drop is much greater than that of an upward rise.
A major turning point is probably coming soon; what do you all think V God and the foundation will do next?
Every time a market cycle is about to end, there is usually a very obvious signal, which is when the bankrupt sectors start to rally.
For example, $LUNA , LUNC, $USTC , $FTT , based on historical patterns, as long as they start to surge into the top five of the gainers list, it basically means this rebound is coming to an end, and it's time to consider gradually cashing out. This signal is something I have summarized myself, and so far, it has a 100% accuracy rate. I believe this time will be no exception.
The core logic is very simple: everything that should rise in the market has already risen, and the funds will eventually speculate on some junk coins before leaving.
The short-term market situation is roughly like this; in fact, the market trend is just a repetitive cycle. What we should do is set our alarms, gradually invest in Bitcoin during the bear market, hold for three years, and then wait to count the money.
The operation is actually not that complicated; it's just that most people are unwilling to believe such a simple thing. I hope everyone can endure this bear market together, and when the next bull market comes, we will all still be here.
Although Sun Yuchen has scammed quite a few people, anyone holding $TRX has to call him Brother Sun.
I've been in the cryptocurrency circle for eight years, and I've heard of people being trapped, but I've rarely seen anyone trapped in TRX. Now, among the few public chains that are still alive with daily users and significant trading volume, TRX is one of the few that has survived, and it is also a major player in stablecoin transfers.