BTC down spike, maximum profit 85%, 8h bottom-fishing strategy
In the past hour, the entire network has experienced a liquidation event worth up to 19.8 million US dollars, of which the long order liquidation amount reached 18.47 million US dollars. Although the current price of BTC is $62134.28, and the increase in the past 24 hours is 1.78%, this liquidation event still attracted the attention of the market.
It is particularly worth noting that in this liquidation event, it was mainly long orders that were liquidated, and the BTC liquidation amount was as high as 13.01 million US dollars, accounting for 65.70% of the total liquidation amount. This situation may cause the perpetual price of BTC to drop instantly, bringing certain volatility to the market. +\/: TCR6072 plus Monica up🚗
Despite such a liquidation event, we are still confident in the future trend of BTC. The current price may rise, so it is recommended that everyone pay close attention to their positions, do a good job of risk management, and seize opportunities in market changes!