In the past 24 hours, the entire network has liquidated 1.711 billion USD, possibly setting a new record for the highest 24-hour liquidation data in this bull market, with long positions liquidating 1.55 billion USD and short positions liquidating 162 million USD. #加密市场回调

However, yesterday's daily closing price happened to land on the medium-term moving average, and the 4-hour closing price did not drop below the long-term moving average.

I personally believe that today's intraday market is generally bullish, and one could try to enter around 97200 (15min), followed by around 96500 (4H), and around 95800 (1DAY).

$BTC