The market is ever-changing, and the market situation is unpredictable. Various traps emerge in the absence of any news. The encryption market suddenly takes a nosedive without any warning. BTC falls to a minimum of $85,323, which is more than $4,000 lower than today's high point. This immediately triggers liquidation in the futures market. In the past hour, the total amount of liquidated positions across the entire network has reached $141 million, and $488 million in the past 12 hours. Among them, the amount of liquidated long orders in the past hour is approximately $131 million, and approximately $298 million in the past 12 hours. If you hold spot positions, they may plummet again, and the funds liquidated in futures contracts will drop to zero and can no longer be recovered. This once again reminds us of the importance of position management, take profit, and stop loss in contract operations.

💎
💎
In a one-sided market, all pullbacks can be seen as corrections. This kind of corrective market is actually easy to understand. As mentioned yesterday, after the price surges, it will definitely undergo consolidation. Consolidation is the best opportunity for both long and short positions. The next step is to see if there is a second round of upward trend. On the hourly chart, it is currently maintaining a corrective oscillation after a continuous upward movement. There may be some adjustment and correction in the short-term trend, and today is likely to continue the corrective trend. On the 4-hour chart, the trend is temporarily oscillating at a high level, with little retracement. The Candlestick continues to run on the short-term moving average, showing relatively strong short-term strength.
#BTC持续攀升，本月底能否超过$100K? #SOL or ETH, 谁更值得期待呢？ #AI meme币ACT市值能赶上GOAT吗？