According to the current liquidation map, the market is relatively balanced between long and short positions. Based on the current Bitcoin price of around $109,600, if the market fluctuates up and down by $2,000, rising again to around $111,600, it is expected that approximately $1.6 billion of short positions could be liquidated. Conversely, if the market drops to around $107,600, it is expected that approximately $1.8 billion of long positions could be liquidated. Bitcoin ETF saw an inflow of $377 million yesterday, while Ethereum ETF saw an inflow of $63.1 million yesterday.
The market direction is primarily characterized by short-term fluctuations. From the current market trend, it can be seen that the 4H overall is in a volatile market with relatively average fluctuations, and there has been no change in trend. With the US stock market closed for one day tonight, I personally believe that the market will continue to fluctuate, and from the greed index, the overall market sentiment is still positive. Therefore, the focus in the coming days will be on which direction the market trend will change, and the strategy should still prioritize short-term trading.
Layout of 3 altcoins with a potential 10x increase in the future!
1.FTT
The unexpected return of FTX Token (FTT) has surprised many observers. After the collapse of the FTX exchange, most believed the token would be permanently down. However, recent developments indicate otherwise. FTT has risen 5.69% in the past 24 hours, with trading volume increasing by 173%. The market cap of the token has also grown at the same pace, indicating real investor interest behind the price trend.
One of the main driving forces behind this recovery is the announcement that major creditors will receive full repayment by the fourth quarter of 2025, dated July 1, 2025. Institutional creditors have recovered 72.5% of their claims, and the remaining 27.5% is expected to be recovered later this year. This repayment process seems to be restoring investor confidence.
Another positive signal is the establishment of a new partnership between FTX and Payoneer to more effectively manage customer refunds. Since this news was released, the price of FTT has been steadily rising. The surge in trading volume also indicates that more traders are returning to this token.
In May of this year, FTX made headlines due to a $5 billion creditor distribution, leading to a previous price surge. These developments are part of a larger recovery story. Although FTT is still considered high risk due to its historical reasons, recent updates have brought renewed optimism.
As trading volume increases, positive sentiment, and signs of financial recovery emerge, some investors are starting to view FTT as the next explosive cryptocurrency, especially if the exchange can fully restore trust and fulfill its repayment commitments.
2.IMX
In the fast-changing world of cryptocurrency, there is a wide variety of virtual currencies and protocols. Immutable X is one such ecosystem that has successfully established its position as a market leader. Immutable X is a Layer 2 scalability solution developed for ETH and NFTs.
ImmutableX is considered one of the earliest Ethereum-based non-fungible token (NFT) scaling alternatives. As a cryptocurrency, ImmutableX aims to address most of the shortcomings that hinder NFT usage on Ethereum.
It aims to address issues such as limited throughput, low liquidity, complex user interfaces, and slow user experiences. Are you interested in investing in IMX cryptocurrency? There's no need to hesitate; we bring you the most reasonable ImmutableX price predictions for 2025 and the coming years!
With ImmutableX having a distributed global order book, NFT marketplaces can be developed without a backend, enhancing network liquidity. Thus, third-party market alternatives can coexist with the system's core market. That said, with the continued deployment of NFTs, its peak price is expected to reach $3.27.
Conversely, if bears dominate the market, the price of IMX tokens may fall to $1.61. Overall, constrained by linear momentum and lacking stimulative measures, the price of IMX tokens may find support at $2.44.
3.QNT
Quant (QNT) demonstrates strong growth potential, and various altcoins are also gearing up for a bull market. Additionally, QNT supports a variety of decentralized services and applications, serving as a gateway to cutting-edge decentralized solutions.
At the core of the Quant platform is its Over ledger network, which generates APIs (application programming interfaces). This further bridges the gap between different types of networks while facilitating the rapid, secure, and interoperable development of applications for enterprises.
A deep dive into the fundamental principles of quantitative trading and a forecast of its potential price trends in 2025 and the coming years.
After recovering from ongoing adjustments, the price of QNT is expected to continue reaching higher highs in 2025.
On the other hand, if the network fails to operate normally, the price could fall into a bearish trap, dropping to $100. Considering regular trading pressure and the factors mentioned above, the average price by the end of 2022 is expected to reach $151.65.
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