Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Analyst: The decline of BTC is not over yet, or the bears are about to be wiped out

Analyst: The decline of BTC is not over yet, or the bears are about to be wiped out

Bitget2024/07/04 02:35

Cryptocurrency analyst Ali posted on social media, stating that the BTC price trend is very volatile, but only 280.9 million dollars of long positions have been liquidated, and 25.4 million dollars of short positions have been liquidated. In the past, we have seen large-scale liquidation events exceeding one billion dollars. This tells us that the BTC decline is not over yet, or shorts are about to be wiped out.

1
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Fitch "shows mercy" and maintains France's A+ rating, but warns that uncontrolled deficits could lead to a downgrade

Fitch Ratings recently announced that it is maintaining France's sovereign credit rating at "A+" with a "stable" outlook, even though the agency has once again warned that sustained fiscal deficits and rising public debt amidst increasing political uncertainty could still trigger a future rating downgrade.

智通财经2026/08/29 07:11
Fitch "shows mercy" and maintains France's A+ rating, but warns that uncontrolled deficits could lead to a downgrade

Here’s Why XRP Price Just Crashed Sharply

TimesTabloid2026/08/29 07:06