Bitcoin continued to fluctuate in a narrow range around $63,000 over the weekend, and after hitting $62,356 at 6 a.m. this morning (23), it soared to $64,048, performing a double kill of longs and shorts.
Then, after 8 o'clock earlier, it once again fell to 62,500 yuan and then quickly rose, leaving a long lower shadow. The fluctuations within three hours were quite violent. At the time of writing, Bitcoin returned to 63,782 US dollars, challenging the 64,000 US dollar mark.
Ethereum breaks through $2,600
Ethereum's trend is similar to Bitcoin's, with both ups and downs. At the time of writing, it has successfully broken through $2,600, with a high of $2,614.
The entire network has a liquidation of 134 million US dollars in the past 24 hours
Coinglass data shows that in the past 24 hours, the total cryptocurrency contract liquidation volume reached US$134 million, with long positions of US$93.21 million accounting for the majority, and a total of more than 54,000 people were liquidated.
But overall, the margin call data is not particularly serious. It seems that investors do not have a very clear judgment on the future trend at this critical price point, and most people are still waiting and watching.
Market focus this week
September 23 (Monday)
* US: September manufacturing PMI, previous value 47.9
* US: September services PMI, previous value 55.7
September 24 (Tuesday)
* Australia: September interest rate decision, previous value 4.35%
* US: Conference Board consumer confidence in September, previous value 103.3
September 25 (Wednesday)
* US: August new home sales, previous value 739K
* US: Crude oil inventories, previous value -1.630M
9/26 (Thursday)
* US: Second quarter GDP, forecast 3.0%, previous value 1.4%
* Switzerland: Third quarter interest rate decision, previous value 1.25%
* US: Initial jobless claims
* US: Fed Chairman Powell speaks
9/27 (Friday)
* US: August core PCE price index (compared with the same period last year), previous value 2.6%
* US: August core PCE price index (compared with the previous period), previous value 0.2%
