Liquidation wave. Since yesterday, both Bitcoin and Ethereum have lost over $1 billion in open interest, indicating a significant reduction in leverage in the market.
On X (formerly known as Twitter).
Some analysts are pointing to today’s crypto liquidation as an indication that Bitcoin will fall below the $93,000 support level and enter a bearish cycle.
#BtcNewHolder #BTC走势分析 Today the 50-day average crossed downwards with the 200-day average on the 4-hour frame The last positive cross was on September 18 at 59K
BTC If your wallet is cash and your deals are more than a month It's time to open a short deal Leverage 2 maximum Time and trend are always your friend
Nearly $3 Billion in Bitcoin and Ethereum Options Expire Today
Today, Bitcoin BTCUSD and Ethereum options are expected to expire.
ETHUSD is worth nearly $3 billion, creating great expectations in the cryptocurrency market. Cryptocurrency options expiration often results in significant price fluctuations, prompting traders and investors to closely monitor developments today.
The reason for the sharp price slide of BTC that occurred yesterday
The cryptocurrency market saw sharp volatility on Thursday, with Bitcoin (BTCUSD) dropping sharply in just a few minutes, hitting its lowest level in more than a week. The move was the result of large liquidations in futures markets, which caused confusion among traders. Although the market later stabilized and the price gradually rose again, the risk of a new collapse still looms, according to expert analysis.
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📈 Current Outlook: Bitcoin is climbing steadily, approaching the psychological resistance of $100,000 after a remarkable 38% rise over the past few weeks. However, this milestone remains a critical challenge as traders lock in profits, creating hesitation around this level. 💡 Key Challenges: 🛑 Liquidity Clusters: Significant liquidity resides between $90K-$100K, causing price consolidation.📉 Lack of Demand Below $90K: Limited buyer interest below this range heightens the risk of retests to $91K support Binance Academy . 🚀 Factors Supporting Growth: 🌐 Favorable Policies: Lower interest rates and political support for digital assets boost confidence.💼 New Capital Influx: Exchange order books show increased readiness to trade above $100K, signaling market optimism . 🛠️ Prepare for the Next Move: Use advanced tools like Binance Academy for insights.Monitor sentiment indicators to gauge market momentum and identify opportunities Binance Academy. 📊 The Road Ahead: Analysts expect further gains fueled by FOMO (Fear of Missing Out), which may propel Bitcoin beyond this historic milestone. Will Bitcoin rewrite financial history? Stay tuned to seize the moment! 🌟
Bitcoin on the cusp of $100,000: Will it break the barrier?
🔍 Current scene: Bitcoin is heading towards the $100,000 mark with a staggering gain of over 38% in just a few weeks. But this level is a major resistance due to profit-taking at this price range, creating hesitation among investors. 💡 Reasons for resistance: 🛑 Liquidity concentration: Liquidity is concentrated between $90,000 and $100,000, which increases the possibility of a pause or pullback.
The cryptocurrency market is evolving rapidly, and with Bitcoin approaching record levels, significant growth opportunities await. 📌 Upcoming Trends: Rising institutional demand with the launch of financial products like ETFs.Post-halving dynamics influencing supply and demand.Increased market participation due to improved global regulations. 📌 How to Seize Opportunities Wisely? Analyze the market and understand current trends.Avoid excessive leverage during high volatility.Diversify your portfolio across Bitcoin and promising altcoins.Stay updated with breaking news through reliable platforms like Binance.
Learn about upcoming trends and how to exploit opportunities wisely.
Cryptocurrency investing is rapidly evolving, and with Bitcoin hitting record highs, there are huge opportunities for growth. 📌 Upcoming trends: Institutional demand is increasing with the launch of new financial products such as exchange-traded funds (ETFs). Impact of post-halving dynamics on supply and demand. Entry of new players into the market as a result of improved global legislation.
Bitcoin shows strong momentum toward reaching record levels, with prices around $99,000 USD and approaching the significant $100,000 milestone. This performance is driven by several key factors: Post-Halving Dynamics: Following Bitcoin's halving in April 2024, the rate of new coin issuance dropped, creating reduced supply amid sustained demand, contributing to price increases.Institutional Demand: Institutional inflows into regulated investment products such as ETFs have significantly bolstered confidence and liquidity in the market.Historical November Performance: November has traditionally been one of Bitcoin's strongest months, with seasonal trends often supporting above-average returns. Challenges Despite the positive outlook, analysts warn of potential challenges, including high market volatility due to excessive leverage and profit-taking pressures as Bitcoin nears the psychological $100,000 threshold. Future Projections Breaking the $100,000 milestone could sustain momentum, with new resistance levels projected at $110,000 and $125,000. Additionally, alternative cryptocurrencies (altcoins) may experience growth as investors diversify their portfolios following Bitcoin's rally.