Due to the Christmas holiday, the US stock market will be closed for a day, Bitcoin may have huge fluctuations, because at that time there was a large liquidation scale below, at $43200, and above was $44700, because the price level of $43200 was broken, resulting in a large number of long positions being forced to close close position, large-scale liquidation exacerbated the depth of the price decline, and a large number of long positions have been eaten. From the perspective of Get Liquidated data, in the past 12 hours, the entire network has Get Liquidated more than 100 million US dollars, and multiple orders Get Liquidated account for the majority. Judging from the latest liquidation heat map, there is not much power below for the time being, and it will take some time for the bulls to re-establish their positions to form strength.
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Due to the Christmas holiday, the US stock market will be closed for a day, Bitcoin may have huge fluctuations, because at that time there was a large liquidation scale below, at $43200, and above was $44700, because the price level of $43200 was broken, resulting in a large number of long positions being forced to close close position, large-scale liquidation exacerbated the depth of the price decline, and a large number of long positions have been eaten. From the perspective of Get Liquidated data, in the past 12 hours, the entire network has Get Liquidated more than 100 million US dollars, and multiple orders Get Liquidated account for the majority. Judging from the latest liquidation heat map, there is not much power below for the time being, and it will take some time for the bulls to re-establish their positions to form strength.
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