2025.5.12-5.18 Crypto Market Overview
🚀 Bitcoin hit $105,000 and then went sideways, more than 150,000 people were liquidated!
📉 Reasons revealed:
1️⃣ Technical overbought: BTC rose by more than 30% for 9 consecutive weeks, and the institution BlackRock sold $118.5 billion in ETFs.
2️⃣ Geopolitical easing: India/Pakistan ceasefire + Russia-Ukraine negotiations restarted, funds flowed back to traditional assets.
3️⃣ Leverage stampede: High-leverage accounts were liquidated, with a total loss of more than $350 million.
📈 Altcoin signal?
ETH/BTC ratio rebounded, and the Altcoin Index rose 56% in 4 days. Is the "Altcoin Season" opening?
⚠️ Risk warning
BTC short-term support level: $101,000; ETH support level: $2,300.
📌 Operational advice: Wait and see in the short term, and deploy compliant assets in the long term!
