Odaily星球日报讯 Coinglass 数据显示，过去 24 小时全网爆仓 2 亿美元，其中多单爆仓 9885.16 万美元，空单爆仓 1.01 亿美元。

过去24小时全网爆仓2亿美元，多空双爆

Odaily Odaily reported that Coinglass data showed that in the past 24 hours, the entire network had a liquidation of US$200 million, of which long positions had a liquidation of US$98.8516 million and short positions had a liquidation of US$101 million.

In the past 24 hours, the entire network has liquidated $200 million, both long and short positions have exploded

Odaily Odaily reported that Coinglass data showed that the nominal value of open positions in BTC options on the entire network is currently US$19.12 billion, and the nominal value of open positions in ETH options is US$6.66 billion.

The total open interest of BTC options is $19.12 billion, and the open interest of ETH options is $6.66 billion.

1/N BTC will not rebound to the previous high
Please think about what the general environment was when BTC reached the ATH twice before?
1) Strong and continuous ETF buying, real money (Figure 1)
2) Peak liquidity (February-end of March) (Figure 2)
3) Excessive market expectations of interest rate cuts, as high as 180bp at the beginning of the year (Figure 3)
What is the current environment? You will find that even none of these conditions can be met now. Let's dive in together.
2/N
For ETF buying, please refer to Figure 1. The "marginal purchasing power" is actually much lower than at the beginning of the year. How to understand? If you put...