Past 24 hours market liquidation situation (CoinGlass data): Liquidated traders: approximately 151,397 Total liquidation amount: $561.83 million Long positions account for about 65%, short positions about 35%
Current assets have partially rebounded, approaching the $88,000 mark, but are unlikely to break through effectively. Buyer momentum is probably insufficient to support this breakout.
The market is very likely to first experience a pullback, then retest the $85,000 support zone, and may even fall below that level — current market conditions are developing in this direction.
It cannot yet be confirmed that assets have fully resumed an upward trend. Liquidity below needs to be accumulated first before the subsequent upward space can be unlocked.
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Market $BTC $ETH Market Analysis
Past 24 hours market liquidation situation (CoinGlass data):
Liquidated traders: approximately 151,397
Total liquidation amount: $561.83 million
Long positions account for about 65%, short positions about 35%
Current assets have partially rebounded, approaching the $88,000 mark, but are unlikely to break through effectively. Buyer momentum is probably insufficient to support this breakout.
The market is very likely to first experience a pullback, then retest the $85,000 support zone, and may even fall below that level — current market conditions are developing in this direction.
It cannot yet be confirmed that assets have fully resumed an upward trend. Liquidity below needs to be accumulated first before the subsequent upward space can be unlocked.