Liquidation completed, long orders increased several times at once. Did you sleep well last night? Are your positions still there when you wake up?

The liquidation map of the past week shows that almost all shorts have been liquidated, and the remaining ones are small positions with low multiples

The difference in long and short liquidity has reached an astonishing 20 times! That is to say, under the same increase and decrease, the liquidation volume of long orders is 20 times that of short orders. In this case, if you want to continue to rise, you can only rely on spot

One word: awesome

But you still have to think about how to settle so many profitable long orders

You can't draw the door again

As Bitcoin rises strongly to nearly $65,000, altcoins are also ushering in a comprehensive rise

Among them, SUN rose by 66.98%

TRB rose by 27.1%

SATS rose by 22.38%

SAGA rose by 20.65%

SUI rose by 18.5%

SEI rose by 18.3%

Do you think the bull market is back, brothers?

The news is stimulating, don't be tempted too much, brothers

Last night, the global market held its breath waiting for the speech of Federal Reserve Chairman Powell, who sent the strongest signal of interest rate cuts so far

U.S. economic data has given the green light for interest rate cuts. The minutes of the July meeting released on Wednesday showed that "the vast majority" of FOMC members agreed to cut interest rates in September

And Powell's speech has added certainty to this expectation. He said that the Fed intends to take action to avoid further weakness in the U.S. labor market, and now is the time to adjust policy

This statement is in stark contrast to Powell's remarks on the same stage two years ago. At that time, he expressed his willingness to accept a recession as the price of reducing inflation

This time, his attitude is clearer, and he seems to have enough data to support the decision to cut interest rates

The market responded enthusiastically, and investors flocked to the market. U.S. stocks rose across the board, gold rose, and Bitcoin once broke through $62,306. Although it fell back, it almost broke through $65,000 in the morning. This wave of market has made investors who keep up with the pace earn a lot of money

The market carnival is not over

At present, the market still maintains the script of first pulling up and then smashing, the difference in long and short liquidity is amazing, and the liquidation volume of long orders is 20 times that of short orders

In this case, if you want to continue to rise, you can only rely on spot

The Fed's interest rate cut decision will have a profound impact on the global economy, and the market's reaction has just begun