📈 Bitcoin (BTC) surpasses 104,000 USDT
According to data from the Binance market, on May 10, 2025, at 23:16 UTC, Bitcoin exceeded the threshold of 104,000 USDT, trading at 104,553.35 USDT, representing an increase of 1.65% in the last 24 hours.
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🔍 Market Outlook
Despite this surge, the wealth management firm Swissblock notes that selling pressure remains minimal. Many investors are waiting for more favorable exit opportunities, suggesting potential for further price increases in the future.
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⚠️ Critical Levels to Monitor
Data from Coinglass indicates that if Bitcoin surpasses 105,000 USDT, it could trigger a cumulative liquidation of short positions worth 1.152 billion dollars on major centralized exchange platforms. Conversely, a drop below 102,000 USDT could lead to liquidations of long positions worth 1.106 billion dollars.