**Bitcoin Down, But Ready to Surge Again? 🚀**
- Bitcoin plunged from $98,000 to below $95,000, leaving many traders in a panic! Total liquidations reached $550 million, especially from long positions. Oh, who told you to be too confident? 😅
- But don't be sad yet! There's good news. CryptoQuant reports that ERC-20 stablecoin reserves on Binance hit a new record of over $28 billion. This means that a lot of capital is ready to enter the market. Get ready for another rally!
- Binance has become a liquidity hub, attracting traders and institutions for stablecoin transactions. Market sentiment shows increasing confidence and increasingly busy trading activity.
- Crypto Rover, a famous crypto YouTuber, predicts that Bitcoin could reach $120,000 if the bull run continues. Is this the time to buy at a low price? 🤔
What do you think? Let's discuss in the comments column!