📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Data Analysis:
According to the current clearing map, the market is relatively balanced between long and short positions. Based on the current Bitcoin price near $108,900, if the market fluctuates by another $2,000 up or down and rises to around $110,900, it is expected that the total amount of short positions that can be liquidated will be approximately $1.45 billion. Conversely, if the market falls to around $106,900, it is estimated that the total amount of long positions that can be liquidated will be about $1.19 billion.
There was no fund flow for the Bitcoin spot ETF yesterday, and there was no fund flow for the Ethereum spot ETF yesterday.
Market View:
Market Direction: The short-term trend continues to be dominated by fluctuations. From the current market performance, the market volatility is still low, and it remains in a high-level box range on the daily chart. Therefore, most other mainstream cryptocurrencies are also in similar box fluctuations. Recently, market trends have been mainly driven by news, and even slight movements can affect the market direction, leading to a dominant wait-and-see attitude. The daytime market performance feels a bit dull and cold. In the absence of significant changes, there's not much else to say; the contract strategy remains unchanged, and we will continue with short-term swings.
Friendly reminder: Focus on light positions with low leverage, this contract strategy is suitable for short-term trading investors. Please remember to take profits in a timely manner and set stop losses based on personal positions. Don’t be greedy, securing profits is safer, it's better to take a small loss than to hold on! If the market direction is correct, you can choose to continue holding.