#BTC ETH Plunge#
Hot Topic Overview
Overview
Recently, the sharp decline in the prices of BTC and ETH has attracted market attention. Many articles point out that huge liquidation orders have appeared in the perpetual contract markets of BTC and ETH, such as a $5.14 million sell-to-close order for BTC at the $96,880 price point, and a $9.14 million liquidation order for ETH. These huge orders may put some pressure on the price trend, and investors need to closely monitor market developments.
Ace Hot Topic Analysis
Analysis
Recently, the sharp decline in BTC and ETH prices has drawn market attention. Multiple articles have pointed out that a large number of liquidation orders have appeared in the BTC and ETH perpetual contract markets, including a $5.14 million sell order liquidation order at the $96,880 point for BTC, and a $9.14 million liquidation order for ETH. These large-scale orders may exert some pressure on market prices, guiding price movements. The article suggests that investors pay close attention to market dynamics and reminds users to activate PRO membership to view the complete main force data report. Although the article does not explicitly state that these orders are the direct cause of the price decline, their large scale is enough to alert the market, reflecting the current cautious market sentiment. Investors need to remain cautious and closely monitor market changes.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BTC and ETH's plunge may be related to large perpetual liquidation orders.
Large sell orders to close long positions may have a certain suppressing effect on the market.
Closely monitor large orders in the market, especially perpetual liquidation orders.
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