📈#Bitcoincould fall to $63,000 on July 26 due to the expiration of $3.9 billion worth of futures contracts.
- More than $3.91 billion in BTC futures contracts have expired on Deribit.
- BTC's maximum pain point is $63,000, which could put downward pressure on prices.
- Near contract expiration, there are often strong price fluctuations.
💡 What do you think about this situation? Comment!
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📉#Etherfaces difficulties after launching its first ETF.
- $5.48 billion of crypto futures contracts expire on Deribit, of which $1.57 billion is ETH.
- ETH price increased 2.3% daily but decreased 4.5% over the past week.
- The main reason is the "sell-the-news" event surrounding the ETH ETF.
💬 What are your predictions for the upcoming ETH price?
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🔍#Bitcoinneeds to hold above $65,000 to continue growing.
- According to analyst Rekt Capital, $65,000 is an important support level.
- BTC has confirmed this level and could remain in the $65,000-$71,500 zone.
- Cash flow into Bitcoin ETF in the US is increasing, supporting the upward momentum of BTC.
📊 Do you follow Bitcoin ETFs? Share your opinion!
#Crypto#Blockchain#Finance#Tech #Regulation