12.6 Then play the music, then dance

1. BTC had a liquidation of 420 million U yesterday, the largest single-day liquidation in nearly 3 years

2. After the liquidation, the funding rate returned from 0.1% to 0.01%, and the borrowing rate also decreased from an annualized 80% to 30%. The risk of BTC has been released, which is enough to support a new all-time high

3. ETH's ETF has bought over 100 million U for several consecutive days, institutions are still rushing in

4. Bull markets often have sharp spikes, and the market is expected to continue at least until the first quarter of next year, then play the music, then dance