【BTC Volatility and Liquidation Surge, Short-Selling Risks Higher】
BTC is experiencing high-level fluctuations on the daily chart, with nearly $300 million in liquidations within 24 hours, resulting in significant losses for bulls. If BTC drops to $102,611, long positions will face liquidations exceeding $30 million; if it rises to $104,611, short positions will see liquidations reaching $280 million, posing higher risks for short-sellers. U.S. stocks are underperforming, gold has fallen to a one-month low, and Deutsche Bank suggests the Federal Reserve may not cut rates until December. The market sentiment is cautious, and it is advisable to control leverage and be wary of sudden market movements triggering a chain liquidation.
