From the perspective of Bitcoin today, the market leverage liquidation situation is not satisfactory for the time being. The decline is not particularly obvious and is expected to continue for a while. The overall market, whether it is mainstream coins or altcoins, has performed relatively poorly in the past two days. In addition, the news behind is only hype about Bitcoin production cuts.

Judging from the current holdings, it is very likely to develop into a negative impact when the favorable conditions are implemented. Only by completely canceling all contracts along the news can the bull market proceed more healthily, because the news of ETFs in this round of bull market has told us that there is no routine in this round of bull market. There is no need to guess whether it will rise or fall before and after the halving. ETFs were rising before and after the halving, but after the favorable conditions were implemented, they began to fall. There is no routine.

Therefore, the real big market in this round of bull market is still behind. It is not bad to wait patiently for the big market to start. After all, the current contract market size is incomparable to the previous bull market. The larger the size, the heavier the car. Liquidation is for better growth, and for spot players, there is only a firm hold and adherence to their original intentions.