Since posting in the square, I've found that many new friends don't even know where to find basic knowledge like liquidation maps and cryptocurrency news. Here, I introduce a few must-see Chinese news sources and some basic tools for everyone:
1.CoinGlass
It can be said that trading cryptocurrencies without checking CoinGlass doubles the chance of liquidation! This is a very professional website that includes real-time liquidation volume across the network, a liquidation map for all exchanges, funding rates, long-short ratio, and the BTC peak escape index, covering almost all technical tools needed for cryptocurrency exchanges. I strongly recommend those who haven't used it to take a look for themselves. The most important thing is that it can be directly accessed in the domestic market and is free.

After Bitcoin reached a historic high yesterday, it experienced a slight correction and is currently around 10,400. So where are the main liquidation points for BTC longs and shorts, and which positions are suitable for building positions in the short term? Let's take a look at the liquidation map:

First, from the map, although BTC experienced a nearly 5% correction, the bullish sentiment remains unchanged. Currently, the liquidation intensity for shorts is slightly better. The concentrated liquidation points for shorts are around 106,100, 107,100, and the previous high of 108,400, with cumulative liquidation intensities of 258 million, 448 million, and 680 million dollars respectively.
The concentrated area for liquidating short positions above extends up to around 109,500, where a cumulative liquidation intensity of 788 million dollars has accumulated.

Bitcoin started to rebound after last night's massive liquidation of 1.5 billion dollars, but there is still a possibility of spikes. So, what points do both bulls and bears need to pay special attention to at this moment? Let's take a look at the liquidation map.

From the map, it can be seen that the liquidation strength of short positions above is greater than that of long positions below. Currently, the concentrated liquidation points are at 98400, 98900, and 99500, with liquidation strengths of 170 million, 430 million, and 620 million dollars respectively. The concentrated liquidation range for short positions extends up to around 101500, where the accumulated liquidation volume is 950 million dollars.
The key point to pay special attention to is actually around 99400-99500. This is not only the accumulation liquidation concentration point, but also near the descending trend line. If a false breakout occurs, it is a reference point for shorting in the short term.

Bitcoin has been consolidating between 99,600 and 90,800 for nearly two weeks, but the greed index remains above 70, indicating that many people are still betting that BTC will reach 100,000. So what are the points that both the long and short sides of Bitcoin need to pay special attention to? Let's take a look at the liquidation map:

As can be seen from the map, today's decline has almost liquidated the short-term long positions below. At present, the short position liquidation intensity is slightly greater than the long position, and the main concentrated liquidation points of short positions are 96700 and 97700, with the liquidation intensity of these two points being 187 million and 514 million US dollars respectively. The liquidation range of the upper short positions is around 98200, and this range has accumulated a liquidation intensity of 650 million US dollars.

Bitcoin rebounded sharply around 90800, which we analyzed last night, and is currently approaching the 95000 mark. So where do both bulls and bears need to pay special attention? Let's take a look at the liquidation map:

From the liquidation map, it can be seen that this wave of rebound has clearly led to a greater liquidation of long positions compared to the overhead bearish strength. Currently, the main concentrated liquidation point for bears is only around 95800, with a liquidation intensity of 240 million USD, while the liquidation range for bulls accumulates up to 96716, with a cumulative liquidation intensity of 325 million USD.
Therefore, the key point that both bulls and bears must pay attention to right now is around 95800. This position is not only a concentrated liquidation area but also near the 0.618 level of this wave of decline and the resistance/support level above. If a false break occurs, it is a good reference point for short positions.

Bitcoin’s decline during the weekend correction was as high as 7%. Many friends also felt that the correction was almost done and started to open long positions. So has BTC really fallen to the right level at this moment? Where is the concentrated liquidation point for both long and short positions? Let’s take a look at the liquidation map:

As can be seen from the map, although it has experienced a 7% correction in a short period of time, the bullish force below is still relatively strong. At present, the liquidation points where the short positions are concentrated are 95350, 96070 and 96790, with a cumulative liquidation strength of 151 million, 452 million and 599 million US dollars.
The short position liquidation range is around 97200, and the liquidation intensity in this range reaches 720 million US dollars.

Bitcoin's current trend remains strong, with many friends already betting on BTC reaching 100,000. The greed index has also hit 90. Can the market really reach 100,000 as everyone hopes? Let's analyze the current points that bulls and bears need to pay special attention to from the liquidation map.

From the map, the current bullish strength is slightly higher, while the short sellers' concentration of liquidation points is mainly at the previous high, around 93300. The cumulative liquidation intensity at this position has reached 340 million USD, and the concentrated liquidation range for shorts extends up to around 94580.
Moreover, based on the current strong trend of BTC, the previous high is bound to be broken in the short term. Therefore, shorts need to pay special attention to the previous highs of 93300 and the line of 94300-94500. If BTC breaks the previous high, many people will chase after the rise, liquidating the concentrated area of shorts above. Will there be a spike forming a false break followed by a pullback?

This year, BTC has soared from 42,000 on the 1st to a peak of 90,000, an increase of 115%, which is a bull market. During this period, CME also had many gaps, but there are only 7 gaps that have not been filled. Among them, the more obvious gaps are the following two:

The most recent gap occurred on November 11, and the gap position was around 78000-80500, which was an obvious gap.

This gap occurred on September 9, with the price around 54,000-54,300, which is also a relatively obvious gap.
There are a few other small gaps, which are not very meaningful because they can only be seen in the 15-minute chart. They are 59950 on October 11, 62915 on October 14, 65745 on October 24 and 67680 on November 5.

Let me briefly introduce what Layer 2 is:
Bitcoin's Layer 2 refers to a technology or protocol that operates on top of the Bitcoin main chain (Layer 1) and aims to improve the scalability, transaction speed, and cost-effectiveness of the Bitcoin network. Because Bitcoin's Layer 1 has some limitations in transaction processing capacity and speed, Layer 2 solutions alleviate the burden on the Bitcoin network by conducting transactions and computations off the main chain, while preserving the security and decentralization of the Bitcoin blockchain.
So why is CKB considered the ideal Layer 2 for Bitcoin?

Bitcoin has been continuously hitting new historical highs since rebounding around 66800, as mentioned in our last issue. Coupled with the Trump effect, many friends have already seen 80,000 and 90,000. Will the market really continue to surge upwards without looking back? Let's take a look at the liquidation map:

From the liquidation map, the forces of both bulls and bears are quite balanced. Although the bears have been continuously liquidated, there is still considerable short selling power above due to the historical highs.
Currently, the main concentrated liquidation points for short positions are around 77200, 77600, and 77900, with cumulative liquidation intensities of 132 million, 320 million, and 441 million USD, respectively. The concentrated liquidation range for shorts has accumulated up to around 78350, with a cumulative liquidation intensity of 530 million USD.

Bitcoin has currently fallen from its previous high to a low of 67,400, which is an 8.4% drop. However, due to the impending announcement of the U.S. election results, many are betting on Trump winning, so the bullish strength remains strong. Now, where do both bulls and bears need to pay attention to concentrated liquidation points? Let's take a look at the liquidation map:

From the map, the forces of both bulls and bears are still balanced. This recent rise has not broken through the previous high of 74,000, and with the election results being announced soon, many expect the price will likely touch 74,000. This is why, although the price has sharply dropped in a short time, many still opened long positions during this process.

Bitcoin has dropped from around 18:00 to the current price of about 70700, with a decline of 3% within 7 hours. Currently, no rebound trend is observed, and the price may further test lower levels. What point can be considered a bottom? What points should short traders pay attention to? Let's take a look at the concentrated liquidation points on the liquidation map:

From the liquidation map, it can be seen that the accumulated short position strength above during the decline has far exceeded the liquidation strength of long positions below. The current concentrated liquidation points for shorts are 71590.72470 and 73400, with accumulated liquidation strengths of 150 million, 310 million, and 640 million USD respectively. The concentrated liquidation range for shorts has accumulated up to around 74230, with an accumulated liquidation strength of 849 million USD.

Bitcoin has recently surged directly, with the highest point very close to the historical high. Many friends who haven't entered are feeling anxious, fearing they will miss this wave of market. However, there's no need to worry. We can look at the BTC futures to see which points will be filled if there is a pullback, because from the market's inertia, once a CME gap is created, there is over a 95% probability it will be filled.

The first CME gap was created on the 28th, and it can be clearly seen on the 1-hour and 4-hour K-lines. The futures price is approximately around 67800-68000, which translates to a contract price of around 68050 to 68200.

The second gap was created on the 29th, and this gap is relatively small, clearly visible on the 15-minute chart. The futures price is around 70300-70400.

After Bitcoin experienced a spike on Friday, nearly $350 million of long positions were liquidated. Currently, it has slightly risen and closed at 67,700. Will BTC continue to rise or continue to spike up and down? Let's look at the points that both long and short sides need to pay attention to from the liquidation map:

First of all, from the map, we can see that the current bullish force is still greater than the bearish force, which means that although the spike has caused a huge amount of long positions to be liquidated, the enthusiasm for long positions remains unabated. At present, the main point for the concentrated liquidation of short positions is 68240, with a liquidation intensity of 141 million US dollars, while the liquidation range of short positions is around 68920, with a cumulative liquidation intensity of 220 million US dollars.

Bitcoin, as predicted in the last issue, started to rise after liquidating the concentrated long point around 65500, reaching a peak of 68000 and currently oscillating. The price is around 67500, so where are the concentrated liquidation points for longs and shorts now? Will BTC continue to rise sharply? Let's analyze the liquidation map:

First, we can see from the map that the short forces are clearly weaker than the long forces, indicating that the sentiment for buying during this decline is still very high. The liquidation amount for shorts in the last 24 hours is only 84 million, less than three-quarters of the liquidation amount for longs.
Currently, the concentrated liquidation points for shorts above are 68220 and 68660, with liquidation strengths of 120 million and 250 million respectively. The concentration of liquidations above extends to around 69200, which has accumulated a liquidation strength of 347 million.

Bitcoin currently meets the points shown in the liquidation map in my previous article. After clearing the short concentrated point of 69400, it retreated, and then stopped falling at the long concentrated liquidation point of around 66700. The recent situation that Bitcoin cleared the shorts and then cleared the longs further verified that the concentrated points of the liquidation map still have a certain reference value. So, where are the concentrated liquidation points that both long and short parties need to pay attention to next? Let's analyze it from the map:

From the liquidation map, we can see that although BTC has experienced a 4.5% retracement, the strength of both long and short positions is still similar. The main liquidation points of short positions are far away from the current price. The main liquidation points are 68120 and 68770, with liquidation strengths of 174 million and 355 million US dollars respectively. At present, the concentrated liquidation range of short positions is around 69,000, and this range has accumulated 423 million US dollars.

Bitcoin has continued to rise recently, reaching a peak of $69,000 on the 19th. Many friends say that the bull market has begun, and the next target is 89,000. So can the market really continue to rise in a straight line? We can look at the points that BTC longs and shorts need to pay special attention to on the weekend from the liquidation map:

From the liquidation map, we can see that the strength of the short orders is slightly greater than that of the long orders. The main concentration points of short order liquidation are 69280 and 69470, with liquidation strengths of 179 million and 218 million US dollars respectively. The short liquidation range is relatively concentrated all the way to 70180, and this range has accumulated a short liquidation strength of 348 million US dollars.

Bitcoin staged a long-short spike tonight, rising sharply from 65,000 to nearly 68,000 and then falling sharply, fluctuating up and down by nearly 5%. It has now rebounded to more than 66,000. In 4 hours, the long and short positions have reached 168 million. So after the spike, what concentrated liquidation points should we pay attention to? Let's take a look at the liquidation map:

From the liquidation map, we can see that although the market has just fallen rapidly, it has not caused a serious blow to the confidence of the bulls. The strength of long orders is still greater than that of short orders. The market is still bullish. At present, the liquidation points of short orders are mainly 67050, 68000 and 68450, with liquidation strengths of 40 million, 187 million and 300 million US dollars respectively.

What is staking in the cryptocurrency world? Staking is a way for people to lock up their cryptocurrencies or digital assets in order to earn rewards over time. Staking cryptocurrencies is similar to depositing money in a bank. Banks need customer deposits to create loans for other people and businesses. To incentivize customers to deposit money, banks offer interest. Staking works in a similar way.

Staking makes people feel like "making money without doing anything", especially on platforms like ListaDAO, where users can stake their BNB assets, lend lisUSD, and participate in Binance Launchpool to earn new tokens ​FinSMEs. This seemingly perfect path to wealth and freedom actually has both benefits and some hidden risks.

A recent CoinGecko report states that since 2024, U.S. regulators have received more than $19 billion in litigation settlements from cryptocurrency companies. Among them, the bankrupt exchange FTX and its affiliate Alameda paid the highest amount, paying a settlement of $12.7 billion in August. Compared with previous years, the amount of settlements in the cryptocurrency circle this year has increased significantly. A total of 8 settlements were reached in 2024, and the total amount increased by 78% compared to 2023, when the United States received $10.87 billion. Compared with 2022, this year's settlement amount has surged by 8,327%.
These settlement totals include forfeiture, recovery, civil penalties, settlement amounts, and prejudgment interest, but do not include lawsuits against individual executives.Due to the collapse of LUNA and UST in 2022, Terraform Labs reached a $4.47 billion settlement with the U.S. Securities and Exchange Commission (SEC), making it the second largest settlement this year.