1.8 Evening Liquidation Analysis:
The morning Bitcoin continues to liquidate the ongoing positions, with a total liquidation of 711 million in the last 24 hours, and 631 million in Bitcoin positions.
Currently, Bitcoin's heat is mainly concentrated around 94300, while Ether is primarily concentrated around 3290.
Bitcoin's upper concentration is mainly between 97400-98900, and Ether's upper concentration is around 3500-3565.
From the liquidation map:
The Bitcoin liquidation zone is mainly concentrated below 95562-94662-93762-92862, while the ongoing positions are concentrated above 96562-97462-98362-99262-100162-101063-101962.
Ether's long liquidation is concentrated below the range of 3327-3298-3270-3241, with ongoing positions above 3399-3428-3457-3486-3514-3543-3572-3601.
From the hotspots and map, I personally believe:
Currently, the liquidation energy on the left side is small, while the right side is more dense. For Bitcoin, watch for support around 94800; if it breaks below, look towards 94000. Conversely, resistance is seen around 96500, and if broken, look towards 97500.
For Ether, watch for support around 3320; if it breaks below, look towards 3270. Conversely, resistance is seen around 3400, and if broken, it can be looked at above 3440.
Real-time market, treat it rigorously; personal suggestions are for reference only, profits and losses are self-responsible. Baili decodes the wealth code for you!
