12.6 Then Play Music, Then Dance
1. BTC had a liquidation of 420 million U yesterday, the largest single-day liquidation in nearly three years
2. After the liquidation, the funding rate returned from 0.1% to 0.01%, and the borrowing rate also returned from an annualized 80% to 30%. The risk of BTC has been released, enough to support further all-time highs
3. ETH's ETF has bought over 100 million U for several consecutive days, institutions are still rushing to enter the market
4. Bull markets often have spikes, the trend will last at least until the first quarter of next year, then play music, then dance
