Woke up to another double killing of longs and shorts! Capital never misses its chance to harvest profits🌚
📉 #BTC has fallen below 110,000 for three consecutive days, as whales sell off and low liquidity collude to crash the market.
📉 #ETH, after just hitting an all-time high of 4956, faces a sharp decline, with significant gains evaporating instantly.
🌀 #SOL, after a surge and subsequent drop, is holding above 200, remaining relatively strong (this recent range of fluctuations is quite suitable for swing trading).
Regarding altcoins:👇
• OKB has pulled back to 200U, and OKX will launch a 100 million magnesium ecological fund;
• BIO has violently plunged, dropping over 30% in a single day, while the founder still keeps promoting it;
• WLFI has plummeted by 50%, giving players a rollercoaster experience;
• Chinese concept coins ONT, QTUM, etc., have surged 50% weekly, suspected short-term speculation;
• BTC ETF has seen a net outflow of 1.17 billion, while ETH has started to flow back on Friday;
• Wang Feng: BTC has now entered the major cycle of the US stock market and economy.
With extreme volatility, be cautious when trading, holding onto spot positions and just watching is fine⚠️
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