Investors know where the direction is in the medium, long term in both the bear markets and bull markets. However, the graphs do not move upright or upstairs. Especially during the periods of intense volume of futures, we see great movements in the opposite direction where the liquidity accumulated is hunted. This happened today.
Crypto coins crashed
BTC Suddenly when it regresses to $ 110.680 Eth He returned from the $ 5,000 limit. In the days when the volatility increases and investors are sure of the direction, we see that such liquidity cleaning is often experienced. As a matter of fact, only $ 360 million in the last 1 hour was liquidated, and the 340 million dollars of it was long positions.
Sometimes it accumulates billions of dollars in 5 %slices, and the market does not want to carry them on their back and increase the rise/decline movement. It continues its way by liquidating investors who cannot move quickly with shock fluctuations and do not have enough capital. What we saw was nothing more than that, because there was no big development to trigger such a fall.
Powell‘s statements on Friday took the load on the macroeconomic front in the medium term. Eth He focused on $ 5,000 and reached the new AC levels. However, as we have stated at the entrance, this will not be a vertical movement. Such intermediate liquidation movements have been triggered hundreds of times to push short -term investors with high leveraged positions out of the process, and we will see the similar ones.
There is no situation to worry about for investors, while BTC rapidly reclaiming $ 112,500 support Ether For the lock level, $ 4,700 are protected. Although investors who consider deep sub -wicks as a spot intake have a quick profit opportunity, it is something that a small number of investors can do to show this courage.
So what will happen next? There is no big development on Monday. this week NVIDIA earning reports will support the stock market and indirectly crypto. In the middle of the week, the next GDP FED is going to explain why the policy setting is going to support the rise. Finally, the fact that the next PCE data will be in expectation before the end of this week shows that there is no incredible pressure on the inflation front, and we will see an interest rate discount that has closed the week with a 3/3 rise catalyst. Fed We are starting to prepare for the meeting. Of course crypto- Being full of surprises and self -confident provides you with a high level of absence with high leverage.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
