Market Trends

1. $BTC is experiencing wide fluctuations at a high level in the short term, with the market declining; in the past 24 hours, $301 million was liquidated, primarily in long positions; small coin $MGT surged over 100%, while Believe platform token $LAUNCHCOIN led the decline, and on-chain trading sector $COSTCO rose.

2. The S&P 500 index halted its three-day rising streak, quantum computing stocks surged, with Oracle briefly rising 8% after hours; U.S. Treasuries rallied, and crude oil rose more than 5% during the session.

3. In the Bitget BTC/USDT liquidation map, based on the current 108,620 USDT, if it drops two thousand points to around 106,620, the total liquidation amount for long positions exceeds 582 million dollars. If it rises two thousand points to around 110,620, the total liquidation amount for short positions exceeds 494 million dollars. The liquidation amount for longs far exceeds that for shorts, so it is recommended to reasonably control leverage ratios to avoid triggering large-scale liquidations during market fluctuations.

4. In the past 24 hours, BTC's spot inflow was 17.2 billion dollars, outflow was 18.5 billion dollars, resulting in a net outflow of 1.3 billion dollars.

5. In the past 24 hours, net outflows in contract trading for $BTC, $ETH, $SOL, $XRP, $PEPE, etc. led the market, indicating potential trading opportunities.