🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
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📅 Ends at 16:00, Sep 17 (UTC)
Data Analysis:
From the current liquidation map, both Bitcoin and Ethereum are predominantly under short pressure.
The current price of Bitcoin is $112,100. If it rises to $114,100, it is expected that approximately $868 million in short positions could be liquidated. If it falls to $100,100, it is expected that approximately $1.21 billion in long positions could be liquidated.
The current price of Ethereum is $4480. If it rises to $4580, it is expected that short positions worth approximately $1 billion can be liquidated. If it drops to $4380, it is expected that long positions worth approximately $1.02 billion can be liquidated.
Greed & Fear Index:
Neutral (49)
ETF fund flow (yesterday)
BTC Spot ETF: Inflows of $110 million
ETH Spot ETF: Inflows of 5 million USD
SOL Spot ETF: Inflow of 11.3 million USD
Market Opinion:
Market direction: primarily fluctuating. From the current market trend, the overall market still needs to continue to move in a fluctuating manner, while Ethereum's daily trend appears relatively weaker. This can be seen from the capital inflow into ETH's ETF. Whether there will be an accelerated correction needs further attention. SOL's daily trend has been relatively good in the past few days, and I personally believe it can continue to rise, so it is suitable to continue to buy on dips. Meanwhile, as the end of the month approaches, it will be interesting to see what the monthly trend looks like, so keep an eye on this in the coming days.