Price shock - behind the double kill of Duo and Kong
Behind the sharp fluctuations in Bitcoin prices, the capital flow of the market and the psychological state of investors play an important role. According to Coinglass data, in the past 24 hours, the total amount of cryptocurrency contracts liquidated reached 134 million US dollars, of which Duo liquidation accounted for the vast majority. This data not only reflects the market turmoil, but also reveals the uneasiness and wait-and-see attitude of investors at key price levels. Many people chose to retreat and wait for clearer signals when facing market uncertainty
This situation of Duo and Kong opposition is not accidental. With the continued impact of the Fed's interest rate cut policy, market sentiment has intensified, and the attenuation of Kong's power and the strengthening of Duo's power have intertwined to form a delicate balance. Even in such a complex market environment, investors still have to face a question: Can they find a way to survive in such turmoil? When price fluctuations trigger panic, who can guarantee that their assets will not evaporate in the ever-changing market?