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BTC Daily Market Brief
Past 24 Hours Liquidation Data:
According to CoinGlass, a total of 92,821 traders were liquidated, with total liquidations reaching $296.23 million (85% long positions, 15% short positions). The long positions were precisely targeted and liquidated, as expected.
Market Analysis:
Influenced by the oil crisis and Iran situation, the market is gradually trending downward. Nothing surprising, it’s completely in line with our previous script. The main index is expected to first dip to the $63,000 range, then experience a final wave of decline to $60,000, ultimately ending this frustrating oscillation phase.
Follow-up Outlook:
The real highlight is still ahead. I believe that after the price hits $60,000, there will be a strong rebound back to the upper boundary of this major zone. Currently, the market is in an extremely testing phase, with indecisive players gradually being shaken out. I remain calm, watching from the sidelines, waiting for the outcome of this game.
Wishing everyone a happy weekend, stay calm, and protect your capital!