The market changes too fast! Market analysis, good coin recommendations!
Bitcoin long liquidations accounted for 70% in June In 2024, the dominance of Bitcoin long liquidations across all exchanges has fluctuated significantly, reflecting the fluctuations in market sentiment. In March, the dominance of long liquidations surged to over 60%, coinciding with the sharp drop in the price of Bitcoin from around $70,000 to $60,000. This trend illustrates the impact of market adjustments on leveraged positions. Likewise, long liquidations increased again in June, with the dominance of long liquidations touching 70% at one point when Bitcoin price was hovering around $60,000, indicating heightened market instability and risk aversion among traders.
In mid-July, the ultimate BTC shock may reach 53,000-55,000 yuan, and the price of the aunt will reach 2,800 yuan. 30% of the cottages will be inserted, and then a new surge will start in August. The bottom cottages will at least double. At that time, 90% of people will have no money to cover their positions, and panic retail investors will sell their stocks and curse! Dog dealers and 10% of smart money will take over the bloody chips to start a new round of pull-ups.
Three major reasons for losses in cryptocurrency trading:
1. "Sell high and hold low": Investors often rush to cash out due to small profits, missing out on opportunities for big gains; facing losses, they hold for a long time, resulting in greater losses. Strong currencies have greater potential for growth, while currencies that continue to fall suffer greater losses. 2. "Full-position operation": Investors frequently trade with full positions, leaving no room for maneuver, resulting in exhaustion, and are prone to huge losses when the market fluctuates. 3. "Impulsive trading": Investors are easily affected by market sentiment, blindly chasing ups and downs, lacking rational analysis, and falling into trouble. Real investors should control their emotions and analyze the market rationally. #bnb每日打卡 #BNB金鏟子 #币安合约锦标赛 #以太坊ETF批准预期 Which type are you? Leave a message in the comment area
It is still in the downward exploration area, looking forward to the next pin
#BTC走势预测#BTC☀ BTC plummeted, but altcoins rebounded and took off. Bitcoin is no longer at a high level, so altcoins have room to play. Previously, Bitcoin has been hovering around $70,000, and big funds are worried that a pullback will drag down altcoins, so they dare not buy rashly. Now, Bitcoin has fallen to $60,000 or even below $60,000, and it has come under selling pressure, and market funds have begun to flow into Ethereum and other altcoins. Looking forward to the next pin