The current market value of BTC has decreased to 59.92%

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BTC slips below $108,000 and trades between major moving averages, with crucial support and resistance levels now in focus.

More than $320 million in liquidations hit as bitcoin slipped under $108,000 and total crypto market value fell 3.2%

In the past 12 hours, the main force sold large orders with a turnover of $232 million, significantly higher than the $209 million for buying large orders. Especially at 18:34, two large orders of Binance contracts hit the market consecutively, selling a total of over $117 million, directly suppressing the price to fall below the key support level of $108000, indicating that the main force is biased towards short-term shipments. The current 1-hour cycle K-line has closed in a flat bottomed pattern, while EMA24 has crossed EMA52 to form a dead cross, resonating with the main single selling signal, further confirming downward pressure. Open a membership, get ahead of the main buying and selling points and real-time fund flow, seize the opportunity! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

[Coinbase Advanced and International Exchange Suspend OMNI-PERP Trading and Complete Settlement] Coinbase Markets announced that trading of OMNI-PERP has been suspended on Coinbase Advanced and Coinbase International Exchange. All open positions have been automatically settled at the final settlement price of 2.21643 USDC, which was calculated based on the average index price in the 60 minutes prior to the trading suspension. This measure aligns with the content of the previous announcement.