Crypto markets saw $4.73 billion in leveraged positions liquidated within 24 hours due to a market rebound causing a short squeeze. Bitcoin and Ethereum led the liquidations, with shorts slightly more affected than longs, highlighting rapid leverage buildup and market fragility. Binance was the largest venue for liquidations, mostly short-driven, while altcoins like Solana, XRP, and Dogecoin also experienced significant liquidations. This event signals heightened volatility and risk as traders adjust positions, suggesting cautious trading ahead with potential for sharp price swings.
Bitcoin's recent price surge is seen by analysts as a corrective B-Wave rally within a larger bear market, not a true bull market reversal. This pattern often leads to a final C-Wave decline marked by fading optimism and lower lows. The $60,000 level...
Bitcoin has returned to around $60,000, but unlike in February, institutional investors are heavily selling through spot bitcoin ETFs, with $1.72 billion in outflows last week—the largest in over a year. This contrasts with February when outflows slo...
Bitcoin traded near $61,739 after dipping to $60,420, maintaining support above the key $60,000 level amid a cautious market following a sharp weekly decline from over $73,000. Michael Saylor's cryptic post about adding "more dots" sparked speculatio...
Bitcoin is trading around $61,822, showing signs of a short-term oversold bounce but facing strong bearish pressure from moving averages on the daily chart. The RSI indicates deeply oversold conditions, suggesting a potential relief rally, but the pr...
XRP is experiencing increased inflows with over 25 million tokens moving off exchanges and steady ETF investments, indicating accumulation. However, despite these positive signs, XRP's price has fallen to $1.13, following Bitcoin's recent decline bel...
