According to Coings data, over $ 1 billion in the last 24 hours took place in the last 24 hours. The important part of the liquidation in the last few hours Eth Long positions. 12 -hour Long Liquid is $ 766 million. Alright BTCHow do analysts evaluate the rapid decrease in the level of 117 thousand dollars from 124 thousand dollars to 117 thousand dollars?
Bitcoin drop
Although the reason was the PPI, the expectations that the CME gap would be closed since the evening on Sunday. The price of the CME closing price on Friday started the new week at a higher level and was expecting that the price would decrease to 117 thousand dollars.
Quinten Francois consists of the closure of the CME gap today and expects the rise to continue again. On August 11, the analyst who shared the following graph was as I guessed.
Altcoin Sherpa V Type talked about the recovery for a short time, but we shouldn’t talk very sure until the closing of the daily candle.
“Prices are rarely reversed in V -shaped V -shaped reversal, usually there are some retreats near low levels after liquidation. Here we expect a similar situation, let’s see what will happen.
Liquidation exceeding $ 1 billion US PPI DATA Long raid has been pointing to liquidation since its opening. ETH positions have been significantly liquidated, but the level of $ 4,500 is maintained.
Altcoins and Theta
What we look at for the subcoins Bitcoin $120,894.38 Market domination The graph and the price of ETH price approaching the ATH region increased the hopes here. For now, it is difficult to predict where the PPI data will take us, but when Trump is preparing, “There is almost no inflation at all”. Daancrypto for BTC.D shared the graph below.
BT BTC.D tends to decline because the big subcoins still leave BTC this week behind. Bitcoin DominanceThe overall decrease in the same size is about the same size as the post -election rally. Continue to closely monitor how this trend will develop. As soon as you stop seeing lower peaks and lower bottoms, it may be the time to be more cautious against the subcoins for BTC. ”
Theta Coin Poppe, who shared his assessment in his particular, said that Ligue 1 Football Club is waiting for a rise due to an agreement with Olympique Marseille.
“Marseille has launched a smart mascot with AI. This mascot is mainly an advanced supporter assistant who answered the fans’ matches, tickets or all the questions of the stadium.
This is a big step and the price hardly changed. Therefore, I still think there is a lot of potential to increase! ”
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.