Today's overall is deleveraging, take $ETH as an example, directly inserted to the previous low, since this time, many people, including me, also think that the middle is the stage bottom, and after the rise later, it will "bottom out" in the upper position, the market has been very hot recently (coincidentally, I have said that the local heat is high before, and the market will also have a pullback), the main force of the market uses long liquidity to build short positions (which can explain why there was no big drop before), and today it began to explode more
Record: The market has an obvious single currency driving the ecological money-making effect (@cz_binance shouting orders $ASTER driving the BSC ecosystem and perp series), the sentiment is mostly short, selling flying, regret, some orders, usually this phenomenon will cause a deterministic blood-sucking effect, this market shock, the overall slight decline, I can't say whether it is a slight blood suck or itself in the shock (small), I don't know if it is because of the lack of Binance spot?
57.59K
85
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.