Data Analysis:


The current clearing map shows that both Bitcoin and Ethereum are dominated by short positions and are dense.

The current price of Bitcoin is $110,400. If it rises to $112,400, it is expected to liquidate short positions of about $550 million. If it drops to $108,400, it is expected to liquidate long positions of about $1.23 billion.

The current price of Ethereum is $3979. If it rises to $4079, it is expected that short positions worth approximately $1.2 billion could be liquidated. If it falls to $3879, it is expected that long positions worth approximately $720 million could be liquidated.

Greed & Fear Index: Fear (29)
Altcoin Season Index: 45

ETF Fund Flow (Yesterday)
BTC Spot ETF: Outflow of $94 million
ETH spot ETF: Inflows of $5.3 million
SOL Spot ETF: $15.1 million inflow

Daily Insights:
Market Direction: Bearish. From the current daily chart of the market, it has been continuously declining and has reached the lower edge of a wide range box. Currently, there are no signs of a rebound. According to the current market trend, the 110,000 level is very likely to be broken, making it hard to hold. I believe there will be another wave of decline, and we need to pay attention to the risks. Ethereum and most altcoins are also continuing to adjust downwards, which will only lead to further panic in the market.
$BTC $ETH $SOL

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BTC-2.64%
ETH-2.28%
SOL-0.23%
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