Market Trends
Bitcoin has seen a strong short-term rise, reaching a high of $97,000, with a market share increasing to 64.4%, indicating an enhanced dominant position and improving market sentiment. Some smaller coins, such as PIXFI, have shown unusual movements. The Federal Reserve has kept interest rates unchanged, in line with market expectations, with the next rate decision scheduled for mid-June. From the liquidation data, if the price of Bitcoin rises to $98,132, it is expected to trigger over $570 million in short liquidations, far exceeding the amount triggered by declines in long liquidations. Shorts face greater risks, and it is advised that investors pay attention to leverage control.
