Liquidation wave. Since yesterday, both Bitcoin and Ethereum have lost over $1 billion in open interest, indicating a significant reduction in leverage in the market.
On X (formerly known as Twitter).
Some analysts are pointing to today’s crypto liquidation as an indication that Bitcoin will fall below the $93,000 support level and enter a bearish cycle.
Makes sense but it will take a long time to happen.
layeto 03
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$BTC There is a very, very, very scary and terrifying scenario, and if it happens, it will be a disaster. There are many companies following in the footsteps of BlackRock and MicroStrategy in creating a Bitcoin reserve. Banks are making it very easy for these companies to obtain loans. This reminds me of the real estate crisis when the crisis occurred in 2008 and the companies were unable to pay. The banks confiscated the properties, which led the companies to sell the properties, and it was a disaster.
#BtcNewHolder #BTC走势分析 Today the 50-day average crossed downwards with the 200-day average on the 4-hour frame The last positive cross was on September 18 at 59K
BTC If your wallet is cash and your deals are more than a month It's time to open a short deal Leverage 2 maximum Time and trend are always your friend
Nearly $3 Billion in Bitcoin and Ethereum Options Expire Today
Today, Bitcoin BTCUSD and Ethereum options are expected to expire.
ETHUSD is worth nearly $3 billion, creating great expectations in the cryptocurrency market. Cryptocurrency options expiration often results in significant price fluctuations, prompting traders and investors to closely monitor developments today.
The reason for the sharp price slide of BTC that occurred yesterday
The cryptocurrency market saw sharp volatility on Thursday, with Bitcoin (BTCUSD) dropping sharply in just a few minutes, hitting its lowest level in more than a week. The move was the result of large liquidations in futures markets, which caused confusion among traders. Although the market later stabilized and the price gradually rose again, the risk of a new collapse still looms, according to expert analysis.
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📈 Current Outlook: Bitcoin is climbing steadily, approaching the psychological resistance of $100,000 after a remarkable 38% rise over the past few weeks. However, this milestone remains a critical challenge as traders lock in profits, creating hesitation around this level. 💡 Key Challenges: 🛑 Liquidity Clusters: Significant liquidity resides between $90K-$100K, causing price consolidation.📉 Lack of Demand Below $90K: Limited buyer interest below this range heightens the risk of retests to $
Bitcoin on the cusp of $100,000: Will it break the barrier?
🔍 Current scene: Bitcoin is heading towards the $100,000 mark with a staggering gain of over 38% in just a few weeks. But this level is a major resistance due to profit-taking at this price range, creating hesitation among investors. 💡 Reasons for resistance: 🛑 Liquidity concentration: Liquidity is concentrated between $90,000 and $100,000, which increases the possibility of a pause or pullback.
The cryptocurrency market is evolving rapidly, and with Bitcoin approaching record levels, significant growth opportunities await. 📌 Upcoming Trends: Rising institutional demand with the launch of financial products like ETFs.Post-halving dynamics influencing supply and demand.Increased market participation due to improved global regulations. 📌 How to Seize Opportunities Wisely? Analyze the market and understand current trends.Avoid excessive leverage during high volatility.Diversify your port