Bitcoin Drops Below $66,000 Warning: CEX Long Liquidation Storm

If Bitcoin drops below $66,000, the liquidation intensity of long positions on major CEX will reach $1.12 billion, and the market closely watches the $70,000 threshold.

Market Trends:

Bitcoin Stress Test: If Bitcoin's price falls below $66,000, the liquidation pressure of long positions on major cryptocurrency exchanges (CEX) will sharply increase, reaching $1.12 billion. Investors are closely monitoring whether Bitcoin can hold the key support while the $70,000 threshold becomes a new market expectation.

Institutional Layout: According to Arkham, BlackRock spent $300 million to purchase Bitcoin on October 21, showing that institutional funds remain optimistic about the cryptocurrency market.

Regulatory Dynamics:

SEC Strengthens Regulation: FOX reporters revealed that the U.S. Securities and Exchange Commission (SEC) has included cryptocurrency in its priority review list for 2025, indicating a future regulatory environment that will be stricter, and investors should be prepared.

Macroeconomics:

European Economic Outlook: European Central Bank Governing Council member Rehn stated that Europe's weak economic growth may further suppress inflation, bringing uncertainty to the European market.

Charity Dynamics:

Bill Gates Donation: The New York Times reported that Bill Gates has donated $50 million to Harris, showcasing his charitable spirit and firm support for social welfare. $BTC #币安累计交易量突破100万亿美元 #比特币全网算力创新高