Market $BTC $ETH Market Analysis



Past 24 hours market liquidation situation (CoinGlass data):
Liquidated traders: approximately 151,397
Total liquidation amount: $561.83 million
Long positions account for about 65%, short positions about 35%

Current assets have partially rebounded, approaching the $88,000 mark, but are unlikely to break through effectively. Buyer momentum is probably insufficient to support this breakout.

The market is very likely to first experience a pullback, then retest the $85,000 support zone, and may even fall below that level — current market conditions are developing in this direction.

It cannot yet be confirmed that assets have fully resumed an upward trend. Liquidity below needs to be accumulated first before the subsequent upward space can be unlocked.
BTC0.29%
ETH0.53%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)