The crypto assets market has recently experienced a wave of severe fluctuation, with Bitcoin once hitting a low of $112,584, followed by a slight rebound to $112,864. Ethereum also could not escape, following the fall to $3,414. This pullback has sparked widespread attention and discussion among market participants.



In the past 24 hours, the liquidation amount in the crypto market reached as high as $545 million, with long liquidations dominating. Such grim data seems to suggest a shift in market sentiment. Observers have noted that certain large investors have accumulated considerable floating profits in their short positions, raising speculation about possible market manipulation.

Industry insiders generally believe that it is highly probable for Bitcoin to test the $110,000 mark. Renowned crypto assets analyst Arthur Hayes even predicts that Bitcoin may fall to $100,000. However, there are also potential positive factors in the market, such as news regarding Trump possibly launching Bitcoin-related strategies, which could provide some support in the short term.

In the face of the current market environment, investors are taking a cautious approach. Many are choosing to wait and see, avoiding blindly following the trend. At the same time, some investors are adjusting their portfolios, increasing the allocation of Bitcoin and stablecoins to cope with potential further fluctuations.

During this uncertain period, market participants need to remain vigilant and closely follow various influencing factors, including macroeconomic data, changes in regulatory policies, and the movements of large institutional investors. Whether bullish or bearish, a reasonable risk management strategy is particularly important.
BTC0.27%
ETH2.52%
TRUMP2.6%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
AirdropHunterWangvip
· 08-05 16:13
What a big dump, I'm sweating.
View OriginalReply0
ZKProofstervip
· 08-05 15:24
technically speaking, market manipulation was mathematically inevitable here
Reply0
Layer2Arbitrageurvip
· 08-02 20:44
lmao imagine getting rekt by basic market movements. dyor on perp deltas ngmi
Reply0
YieldHuntervip
· 08-02 20:36
rekt degens never learn... correlation data shows this dump was inevitable tbh
Reply0
AirDropMissedvip
· 08-02 20:32
Already ran away, buy the dip and wish for the best.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)