At 10:00 GMT, Bitcoin, which has been oscillating between 43,500-44,000 USDT for several days, suddenly fell sharply, from 43,300 USDT to 40,200 USDT, while Ether also fell from 2,320 USDT to 2300 USDT and 2,200 USDT, and touched 2,121 USDT at the lowest (OKX spot market data, the same below).At the same time, Coinglass data show that the hour before and after the fluctuation ** the whole network burst more than 277 million U.S. dollars, of which 267 million U.S. dollars, accounting for more than 96% of the single burst, completely a one-way slaughter against the army **.Overall, the flash down to fierce, large decline, the amount of burst positions also hit a recent high, which indicates that the market is expected to continue to record high contract long players undoubtedly lost a lot of money.
Overall, the flash down to fierce, large decline, the amount of burst positions also hit a recent high, which indicates that the market is expected to continue to record high contract long players undoubtedly lost a lot of money.In this context, the decline in the end retracement or top, it has become the key to participate in the next market trend, then we may wish to comprehensively review the macro, ETF expectations and other news factors, while reviewing the previous year’s “Christmas market” trend, may help us to obtain a more objective judgment.