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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Data Analysis:
Based on the current liquidation map, the market is currently relatively balanced between long and short positions. Based on the current Bitcoin price of approximately $106,100, if the market fluctuates by another $2,000 and rises again to around $108,100, it is estimated that the cumulative amount of liquidated short positions will be approximately $1.95 billion. Conversely, if the market falls to around $104,100, it is estimated that the cumulative amount of liquidated long positions will be approximately $1.24 billion.
Bitcoin ETF spot saw a capital inflow of 152 million USD yesterday, while Ethereum ETF spot saw a capital outflow of 26.7 million USD yesterday
Market View:
From the current market trend, the main market is still dominated by a volatile trend. However, from the daily chart perspective, there is still some room for improvement overall. Ethereum and most other mainstream coins are following the market trend, but the overall volatility is not significant, similar to yesterday's daytime trend. Personally, I think the current market is more about waiting and watching. We will see if Powell can release some good news tonight. Powell's speech last night actually conveyed a message to the market, that whether there will be an interest rate cut next month still depends on the data. Therefore, in the short term, we still adhere to short-term/swing contract strategies.
Subscription benefits:
If family members want to eat more than 3,000 points of profit, then ask family members to open a subscription to enjoy the ambush layout in advance. At the same time, there is also a contract strategy of ETH and SOL, it is better to take action, hurry up and subscribe to go~