Bitcoin rebounds to $75000, analysis warns of potential liquidation risks
According to reports, influenced by market expectations of easing tensions between the US and Iran, Bitcoin prices have rebounded from around $75000, with traders expecting it to hit $80000 and potentially trigger a large number of short selling liquidations. Analysis indicates that the $80000 to $80500 region is home to a large number of highly leveraged short positions, and if prices continue to rise, it may trigger a new round of short selling. On chain analysis platform CryptoQuant suggests that Binance's net inflow of Bitcoin has significantly increased in the past 10 days, with monthly reserves reaching approximately 16000 BTC, which may be a potential selling pressure signal. In addition, there has been a capital outflow from the US spot Bitcoin ETF, and the Coinbase premium index has turned negative, indicating a weakening of institutional demand. Analysts warn that Bitcoin's current rebound is driven by leverage and may face large-scale liquidation risks in the future.