💥 Nearly $1.8 billion liquidated in a single day! Bulls suffered heavy losses, is it time to bottom fish or the calm before the storm?
In the past 24 hours, the market has once again played out a bloody scene! According to Coinglass data, the total liquidation amount across the network reached $1.795 billion, with long positions accounting for over 92% (about $1.658 billion), affecting nearly 430,000 investors. BTC briefly fell below $113,000, and ETH was not spared either.
🔥 Current market key point analysis:
1. Liquidation concentration: Ethereum long positions experienced nearly $500 million in liquidations, becoming a disaster zone, indicating that leverage bubbles are mainly concentrated in the altcoin ecosystem.
2. Emotional downturn: The Fear and Greed Index has rapidly fallen into the "Fear" zone, with market sentiment significantly cooling.
3. Structural opportunities emerging: The RWA (Real World Assets) sector's TVL has hit a new high against the trend, breaking $15.7 billion, showing that funds are seeking safe haven anchors.
💡 Important event reminders for today:
· NEAR network upgrade: Binance has suspended NEAR deposits and withdrawals today at 08:00 (UTC+8) to support its network upgrade and hard fork.
· Anoma (XAN) goes live on Binance Alpha: Trading opens today at 10:00 (UTC), perpetual contracts will be launched shortly after; new asset volatility is usually high, so caution is advised.
⚠️ Operational suggestions:
· Avoid high leverage operations in the short term, especially beware of following the trend to chase long positions.
· Pay attention to resilient sectors during declines (such as RWA) or fundamentally sound leading tokens.
· Newly launched projects (such as XAN) are highly volatile, participation requires careful stop-loss settings.
📌 Interactive topic:
Do you think the market will quickly rebound after this round of cleansing, or will the adjustment continue to deepen? Which sector's bottom-fishing opportunity do you pay the most attention to?
Share your views in the comments, and let's discuss together!
