🚨 BTC briefly dipped to $110,481, market liquidation wave reappears

In the early hours of today, Bitcoin fell to $110,481.8, then slightly rebounded to $113,454.8, with a daily decline of 0.05%.

📊 Coinglass data shows that in the past 12 hours, the total liquidation amount across the network reached $513 million:

Long position liquidations: $381 million

Short position liquidations: $133 million

Among them, the liquidation amount for BTC was $224 million, and for ETH, it was $170 million.

🔍 The sharp short-term fluctuations remind us that market sentiment is still fragile, especially in a high-leverage environment, where the concentration of liquidations is amplified. The current trend reflects both the risks of chasing high positions and the competition between institutions and retail investors at key price levels.

Investors need to remain calm, avoid blindly following short-term market trends, and reasonably control leverage and position sizes to remain undefeated amid severe fluctuations. #btc #eth