0109 Bitcoin Daily Report😊😊
After Trump proposed new tariffs on eight European countries, risk assets generally weakened, and safe-haven demand increased. Cryptocurrencies subsequently plummeted, with over $680 million in liquidations in the past 24 hours, including $600 million from long positions, indicating that the previously crowded bullish leverage had already formed. Of course, the fundamental reason remains the thin liquidity, with fewer passive order flows, and the crowded supply zone formed at the high points of the rebound cycle suppresses recent rebound heights.
Market
View Original