Bitcoin is controlled by Americans, harvesting globally in a different way; no one can short it, whatever price it is determined by Americans. So many coins are falling, looking at the square, the only coin that can rise while everyone is shorting is Bitcoin. It's really the 'old six'; the more it rises, the more people short, and the more it falls, the more people go long, leading to liquidations of the big coin, and altcoins are also holding positions. Two months ago, I wanted to break even; now, I want to recover what I lost over the past two months. To summarize the key points this afternoon:
1: The Ether exchange rate has dropped to a low point; continue to buy on dips. Although it hasn't risen, it hasn't lost either. ETH, set buy orders at 3060, 3030, with a defense at 3000.
2: BTC exchange balances continue to hit new lows; single-machine rising, and those who short continue to add margin. Fighting against the Americans results in liquidation.
3: Yesterday, 770 million USD flowed into the US BTC ETF market, with inflows proportional to the trend.
4: The founder of Three Arrows Capital tweeted that the ETH/BTC position is good for buying; the current exchange rate is 0.032.
5: At 99000 BTC, more than 300 million in short positions were liquidated, and at 92000, more than 1.3 billion in short positions were liquidated. The short army is getting cleared out.
6: The Desci sector plummeted, shrinking by 30% upon entry; I’m really impressed by this 'old six'.
7: Vitalik exchanged 0.082 Ether for 30303 ANON, and the head of the BASE protocol exchanged 0.33 Ether for 31529 ANON; the current price is 0.0422.
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