Bitcoin $102,915.01Tested the threshold of $ 106,000 in a short time with fast purchases that started at 21:00 on Sunday night; Subsequently, the intensive sales wave price again attracted $ 103,000. The leveraged transactions triggered in seconds deleted more than $ 600 million derivative positions from the market. The virginity of liquidity at the weekend has further accelerated this hard landing, where technical levels are easily drilled. Short and long positions were eliminated in succession, while the search for opportunities in the market has grown.
When liquidity decreased, automatic purchases created a chain reaction
Low weekend volume, algorithmic orders in milliseconds put into operation. In particular, the liquidity pools over 104,000 dollars caught investors with Short positions; The price of damage closure purchases at a time $ 2,500 up. However, profit sales and damage stops that came at the same speed triggered withdrawal.
According to CoNSS data, only one hour of Long, $ 460 million in the Long, $ 220 million Short positions were liquidated. Solana, Dogecoin 
$0.21679 And large subcoins, including XRP, have seen losses exceeding 4 percent; Coindesk wide market index fell over 2 percent. Hard movement increased the requirement of the margin in leveraged operations and left a cautious tone to the next trading session.
The pressure on the market increased even more with Moody’s decision
With Moody’s downloading the US credit rating, the search for a safe port gained strength, while the 30 -year Treasury bond return exceeded 5 percent. FXPRO analyst Alex Kuptikevich considers a short -term technical resistance whether the $ 106,000 ceiling has been tested for a week as a short -term technical resistance; He argues that volatility will continue unless the permanent closing comes above this level.
Hashkey Business Group co -CEO Haiyang Ru speaks of the institutional demand for Bitcoin due to the giant law of expenditure on the table in the USA. According to RU, debt ceiling discussions and rising bond interest rates will keep the price wavy before the new peaks. While the ETF entrances continue without losing acceleration, on the one hand, the lack of risk management of investors who have opened transactions with high leverage expands liquidations. Analysts point out that the dilemma of “What do I buy-what do I buy” dilemma can be the scene of harsh price oscillation in the new week, where political-economic news flow is intensified.
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.
