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Analysis: The overall scale of forced Bitcoin closing remains at a low level, and the upward trend may continue

Source: PANews
According to Matrixport's analysis, the overall scale of forced liquidation of Bitcoin remains at a low level. Even if the price drops to a lower level, this year only saw a concentrated release in the decline caused by tariff news in March and the rebound in April. When the Bitcoin price recently pulled back to $106,000, the market still had no large-scale closing, indicating that the leverage level of the futures market is relatively healthy. Analysts believe that downward pressure is limited and the center of risk has turned upward. If the price continues to rise, the concentrated stop loss market triggers, which may further drive the Bitcoin rise.
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