The latest analysis of the cryptocurrency market shows that the price trend of Bitcoin is at a critical point. According to statistics from a well-known industry data platform, if the price of Bitcoin falls below $109,612, the long positions on major centralized exchanges may face liquidation pressure of up to $1.851 billion. Conversely, if the price of Bitcoin breaks through $119,846, the short positions may encounter liquidation risks of about $1.739 billion. This data reflects the current market's high sensitivity, and investors should closely monitor price movements. Any significant fluctuation in the price of Bitcoin could trigger a chain reaction, having far-reaching effects on the entire cryptocurrency ecosystem. In such a complex market environment, both institutional and individual investors should cautiously assess risks and formulate reasonable trading strategies.

BTC-0.21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Share
Comment
0/400
CascadingDipBuyervip
· 38m ago
Play people for suckers endlessly!
View OriginalReply0
SybilSlayervip
· 5h ago
It's over once the blood collapses.
View OriginalReply0
Ser_APY_2000vip
· 8h ago
Cut Loss and leave.
View OriginalReply0
FUD_Vaccinatedvip
· 8h ago
It's crazy, it's crazy. Look at this market, my blood pressure is skyrocketing.
View OriginalReply0
TokenomicsTinfoilHatvip
· 8h ago
A big drama is about to unfold in the market again.
View OriginalReply0
ApeDegenvip
· 8h ago
Suckers will never be slaves
View OriginalReply0
DEXRobinHoodvip
· 8h ago
bearish traders are going to collapse, right?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)