Affected by high yields, BTC prices remain at cyclical lows, while gold and oil prices rise. The BTC price is below two key cost bases and is in a shallow selling state. Perpetual demand has improved, but US spot demand lags behind and volatility is compressed. （glassnode）
The BTC price briefly rose above $69000, causing a short position worth $500 million to be liquidated within minutes. The rise in BTC prices has led to a decrease in open contracts due to forced liquidation of positions. The market is dominated by short positions in this uptrend. （glassnode）
[Main password: Coinbase BTC has a market price transaction order of 13.22 million US dollars]
Noticeable liquidity pressure emerged, market sentiment might escalate after sudden capital movements...
