Post
Bullish

$960 million evaporated in an instant! BTC back above $80k—is the bull market back or is this the bears’ last supper?



Bitcoin has taught the market another lesson: when it falls, it makes you question everything; when it rises, it makes you wonder if you sold too early! After a brief sharp drop, it climbed back above $80k, while liquidations over 24 hours at one point came close to $960 million. This battle between bulls and bears was like a reality show for the crypto world.
The question is, how much substance is behind this rebound? If the price rise was driven merely by large numbers of bears being forced to close their positions, the rally may lack staying power. If it also gets support from improved U.S. policy expectations and capital inflows, BTC may have a chance to establish a stronger trend.
The biggest fear right now isn’t missing out, but mistaking a rebound for the starting gun of a bull market. After all, the market is best at giving everyone another lesson in risk management just when they start to believe in it. Above $80k, is this a new starting point or a new trap? #每周来晒 and #BTC重返8万
View Original
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
BTCBTC-0.65%


Add a comment
Add a comment

Comment 30
Spicy hand coins
Can 80K hold this time? 👀
Spicy hand coins
Can 80K hold this time? 👀
Spicy hand coins
Will 80K hold this time? 👀
Spicy hand coins
Will 80K hold this time? 👀
Spicy hand coins
Will 80K hold this time? 👀
Spicy hand coins
Can 80K hold this time? 👀
CoinWay
Will 80K hold this time? 👀
CoinWay
Will 80K hold this time? 👀
CoinWay
Will 80K hold this time? 👀
CoinWay
Will 80K hold this time? 👀
CoinWay
Will 80K hold this time? 👀
CoinWay
Can 80K hold this time? 👀
CoinWay
Will 80K hold this time?👀
CoinWay
Can 80K hold this time? 👀
CoinWay
Can 80K hold this time? 👀
More expensive
This is a good angle 💡
coin rely on universal
This is a good angle 💡
coin rely on universal
This is a good angle 💡
coin rely on universal
This is a good angle 💡