Analyst: The decline of BTC is not over yet, or the bears are about to be wiped out
Cryptocurrency analyst Ali posted on social media, stating that the BTC price trend is very volatile, but only 280.9 million dollars of long positions have been liquidated, and 25.4 million dollars of short positions have been liquidated. In the past, we have seen large-scale liquidation events exceeding one billion dollars. This tells us that the BTC decline is not over yet, or shorts are about to be wiped out.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority
Trending news
MoreCrypto prices
More
