Today is May 13, 2024
Let’s take a look at the one-hour liquidation data chart of Bitcoin OBTI.
As you can see, there are more people who open short positions than those who open long positions. When the market maker raises the price to 62,000, all the large short positions will be reported. The maximum short position volume is 3M.
If the market maker drops back to 60,700, all those who opened large positions will be reported. The maximum volume of the long position is 2.1M
Let's take a look at the global liquidation chart of Bitcoin. There are a lot of people who open short positions near the current price. Their positions are mainly concentrated around 63,000, and the volume is 4M.
Data analysis of Ethereum OBTI explosion chart
There are no longs near the current price, only shorts. The blowout position of these shorts is around 2,945, and the volume is about 2.5M. The global blowout chart shows that it is the same as Bitcoin, and they are all short. If it rises to 3,050, they will all be blown up. The highest volume of the shorts is 3.1M
Now the trading volume in the market has obviously dropped, and the fear index has also increased significantly. Most people think that Bitcoin will fall. In fact, it is just like what we joked in the group before, other people's fear makes you greedy, and you are afraid when others are greedy, right? Now if you are short, you must add some spot. If you have a position, look for opportunities to get rid of it. If this kind of volume continues to accumulate, the dealer may really come back to kill you.
In general, Bitcoin is unable to break upward! The key support below is 60630! The long-short dividing line is 59970! If it falls below, it will continue to fall back! 丨The market panic index continues to rise, and everyone is bearish #BTC trend analysis #Ethereum market trend analysis #Contract explosion #Market trend #Don't touch the contract
