24-hour liquidation exceeds $1.8 billion, the crypto market is experiencing a bloodbath!


Strong US non-farm payroll data intensifies rate hike fears, accompanied by a sharp decline in US stocks and 13 consecutive days of net outflows from ETFs. BTC drops below $60k to a six-month low, ETH falls below $1,550, and DeFi faces widespread liquidations!

The market fear index drops to 12 (extreme fear). BTC and ETH funding rates turn negative, with bears dominating, but on-chain large holders are fiercely battling by liquidating longs while bottom fishing!

The current market is still falling, hold back and watch the show, don’t blindly catch falling knives. Unless there’s another extreme rapid decline, it’s better to observe more and act less in the short term. Keep a close eye on the two key supports at 56,000 and 48,000; wait until the drop is fully absorbed and stabilizes before considering picking up bargains. $BTC #比特币ETF单日净流出7272枚
BTC-2.03%
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GateUser-15b19a42
· 6h ago
ETH at 1550? A year ago, I wouldn't even dare to think about it. Now I just want to know where the bottom is.
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NotificationSoundInMistyValley
· 6h ago
If 56,000 can’t be held, then 48,000 will be reached—but when it really gets to that level, I’m actually bold enough to go all in.
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TheClarityAfterLiquidating
· 6h ago
This round of on-chain liquidation data is so intense, big players are liquidating and accumulating at the same time—truly a game of licking blood at the edge of the knife.
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VinylRadioProphecy
· 6h ago
ETF has been running for 13 consecutive days, institutions are much more panicked than retail investors, wait for them to finish selling before entering the market.
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