🚨 Bitcoin Market Alert: Breaking below key moving averages, huge liquidation and ETF panic selling risks 🚨

Hey guys! Let's talk about the recent major news events in Bitcoin. 📰

Remember when Bitcoin broke through the 200-day moving average like a rocket last October? Since then, Bitcoin has never fallen back to this position.

However, in the past few weeks, the situation is a little different. The price of Bitcoin has slowly moved closer to the moving average, and in the past two days it has directly fallen below the 200-day moving average!

Now, with three days left before the end of this week, everyone is guessing whether Bitcoin can return to the bull market support line of $61,000 before the weekend.

Some people believe that this is a critical node position. Because if Bitcoin can stand firm on the bull market support line before the weekend close, the bull market story may continue. If not, does it mean that the market still faces an uncertain future?

CoinGlass data explosion hot map shows that in the past 24 hours, the market staged a "battle royale", and more than $676 million of Bitcoin long and short positions were forced to close, and the scene was quite bloody!

😱 At the same time, the price of Bitcoin also fell below the average purchase cost of spot ETFs, which may cause some institutional investors and ETF holders to start panic selling. If this panic selling behavior comes true, it will undoubtedly bring additional pressure and uncertainty to the market. 📉

Here is a reminder to everyone, in the face of such market fluctuations, you must avoid high-risk contracts and options transactions, let alone invest with money you can't afford to lose. These behaviors are extremely risky and must be treated with caution! 🚫

#比特币动态 #200天均线 #比特币爆仓 #比特币现货ETF #投资风险