Market Briefing
In the past 24 hours, a total of 170,000 people have been liquidated across the network, with a liquidation amount reaching as high as 537 million USD. The market has experienced a round of intense washout, and sentiment has plunged. Influenced by news from Tesla, the price of Bitcoin has seen significant fluctuations, with swings of nearly 10,000, far exceeding expectations.
The price surged from 92,000 to 102,000 before quickly retreating to around 96,100. Currently, regardless of how the market continues to washout, operations must be cautious; do not blindly chase short positions, and wait for clearer directional signals.