I've seen enough of this kind of nonsense, it's been half a year.
Publicar
CCB88
·
--
Btc Absolute Drop
btc outlook 116000
One, market dynamics and price performance**
1. **Intraday price fluctuations**
- On August 17, Bitcoin slightly rose by 0.05% to **$117,418.76**, briefly breaking **$118,000** during the day (currently reported at $118,009.80).
- Previously on August 15, BTC plummeted from an all-time high of **$124,500** to **$117,000** (a single-day drop of 4.24%), mainly due to U.S. PPI inflation data exceeding expectations (year-on-year +3.3%), triggering market concerns about the Fed delaying interest rate cuts.
2. **Derivatives market liquidation**
- In the past 24 hours, the total network liquidation reached **$98.64 million**, with long positions liquidated at $59.51 million (60% of total), and short positions liquidated at $39.12 million, reflecting that long leveraged positions are still under pressure.
One, market dynamics and price performance**
1. **Intraday price fluctuations**
- On August 17, Bitcoin slightly rose by 0.05% to **$117,418.76**, briefly breaking **$118,000** during the day (currently reported at $118,009.80).
- Previously on August 15, BTC plummeted from an all-time high of **$124,500** to **$117,000** (a single-day drop of 4.24%), mainly due to U.S. PPI inflation data exceeding expectations (year-on-year +3.3%), triggering market concerns about the Fed delaying interest rate cuts.
2. **Derivatives market liquidation**
- In the past 24 hours, the total network liquidation reached **$98.64 million**, with long positions liquidated at $59.51 million (60% of total), and short positions liquidated at $39.12 million, reflecting that long leveraged positions are still under pressure.
Aviso legal: inclui opiniões de terceiros. Não constitui aconselhamento. A Binance AI pode ser utilizada sem garantia. Consulta os Termos e Condições.