Last night, the long positions of Bitcoin have almost been liquidated, while both long and short positions of Ethereum have been liquidated in a wave. From the current liquidation map, it appears that Bitcoin and Ethereum are dominated by short positions.
The current price of Bitcoin is $113,300. If it rises to $115,300, approximately $1 billion in shorts is expected to be liquidated. If it drops to $114,600, approximately $480 million in longs is expected to be liquidated.
The current price of Ethereum is $4773. If it rises to $4833, it is expected to liquidate short positions worth about $620 million. If it falls to $4673, it is expected to liquidate long positions worth about $1.3 billion.
Greed & Fear Index: Neutral (52)
ETF Fund Flows (Yesterday) BTC Spot ETF: Suspended ETH Spot ETF: Suspension SOL Spot ETF: Suspension
Market Opinion: Market Direction: Volatile. After looking at the market and Ethereum's performance last night, Ethereum experienced a pullback after hitting a new high, mainly due to a Bitcoin whale selling 24,000 BTC, which caused a rapid decline and created a spike, affecting Ethereum which could have continued to hit new highs, leading to a quick drop.
From the current trend, the market's Ethereum has temporarily entered a phase of fluctuation, and the current position of the market is not very stable. It is necessary to pay attention to whether a bottom can be formed. Overall, Ethereum's trend is still relatively strong, and whether Ethereum can reach a new high again will depend on the market's shift.
Therefore, Ether can focus on short-term trading in contracts. This week, temporarily pay attention to other news, and just keep an eye on the market closing at the end of the month and the situation regarding Trump.
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Data Analysis:
Last night, the long positions of Bitcoin have almost been liquidated, while both long and short positions of Ethereum have been liquidated in a wave. From the current liquidation map, it appears that Bitcoin and Ethereum are dominated by short positions.
The current price of Bitcoin is $113,300. If it rises to $115,300, approximately $1 billion in shorts is expected to be liquidated. If it drops to $114,600, approximately $480 million in longs is expected to be liquidated.
The current price of Ethereum is $4773. If it rises to $4833, it is expected to liquidate short positions worth about $620 million. If it falls to $4673, it is expected to liquidate long positions worth about $1.3 billion.
Greed & Fear Index:
Neutral (52)
ETF Fund Flows (Yesterday)
BTC Spot ETF: Suspended
ETH Spot ETF: Suspension
SOL Spot ETF: Suspension
Market Opinion:
Market Direction: Volatile. After looking at the market and Ethereum's performance last night, Ethereum experienced a pullback after hitting a new high, mainly due to a Bitcoin whale selling 24,000 BTC, which caused a rapid decline and created a spike, affecting Ethereum which could have continued to hit new highs, leading to a quick drop.
From the current trend, the market's Ethereum has temporarily entered a phase of fluctuation, and the current position of the market is not very stable. It is necessary to pay attention to whether a bottom can be formed. Overall, Ethereum's trend is still relatively strong, and whether Ethereum can reach a new high again will depend on the market's shift.
Therefore, Ether can focus on short-term trading in contracts. This week, temporarily pay attention to other news, and just keep an eye on the market closing at the end of the month and the situation regarding Trump.