KZG Crypto
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The cryptocurrency market has not stopped bleeding, Bitcoin briefly touched $112,584, now slightly recovering to $112,864, and ETH also fell to $3,414.
Last night, the entire network saw liquidations of 545 million, mainly from long positions. This data is too bloody, and considering that the insider whale's short positions have a floating profit of over 8 million, it feels like the bears are controlling the pace.
I believe it is highly likely that BTC will test the $110,000 mark, and Arthur Hayes has even predicted it will reach $100,000, but Trump's Bitcoin treasury strategy may pump the price, so it’s better to observe in the short term rather than chase shorts.
Get your defensive posture ready! Cake + U$BTC
Last night, the entire network saw liquidations of 545 million, mainly from long positions. This data is too bloody, and considering that the insider whale's short positions have a floating profit of over 8 million, it feels like the bears are controlling the pace.
I believe it is highly likely that BTC will test the $110,000 mark, and Arthur Hayes has even predicted it will reach $100,000, but Trump's Bitcoin treasury strategy may pump the price, so it’s better to observe in the short term rather than chase shorts.
Get your defensive posture ready! Cake + U$BTC
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