這是甚麼東西
02-07

The recent Bitcoin price drop to a 16-month low near 60,000,followed by a rebound towards 65,000, has sparked intense debate among investors and analysts. The significant liquidation of long positions, with $1.7 billion in crypto long positions wiped out in 24 hours and approximately 400,000 traders forced out, according to Coinglass, suggests a broader market deleveraging rather than a Bitcoin-specific issue.


The question on everyone's mind is whether this capitulation marks a tradable bottom or if the macro-driven risk aversion will continue to push Bitcoin's downtrend further. Several factors support the argument for a potential bottom:


Capitulation: The extreme selling pressure and significant liquidation of long positions may indicate that the market has reached a point of maximum pain, potentially marking a turning point.


Oversold conditions: Bitcoin's price drop has led to oversold conditions, which can often precede a bounce or reversal.


Support levels: The 60,000 level has historically served as a supportzone, and the rebound towards 65,000 may indicate that buyers are still present in the market.


On the other hand, there are also arguments suggesting that the downtrend may continue:


Macro-driven risk aversion: The current market environment is characterized by high inflation, rising interest rates, and geopolitical tensions, which can lead to ongoing risk aversion and selling pressure.


Lack of bullish catalysts: There are currently no clear bullish catalysts on the horizon to drive Bitcoin's price higher, which may lead to continued selling pressure.


Technical resistance: Bitcoin's price is still facing significant technical resistance, including the 200-day moving average and the $70,000 level, which may limit any potential upside.


In conclusion, while the recent capitulation and oversold conditions may suggest a potential bottom, the macro-driven risk aversion and lack of bullish catalysts could continue to weigh on Bitcoin's price. It is essential for investors to remain cautious and monitor the market closely, as the situation can change rapidly.



Bitcoin Bloodbath to $60K: Bottom In or More Pain?
Bitcoin plunged 12% on Thursday to a 16-month low near $60,000, before rebounding toward $65,000 as global risk assets sold off. Liquidation data underscore the stress: $1.7B in crypto long positions were wiped out in 24 hours, with roughly 400,000 traders forced out, according to Coinglass. The move suggests a classic deleveraging wave rather than a single-asset shock, tightening liquidity across the complex. Is this capitulation signaling a tradable bottom? Does macro-driven risk aversion mean Bitcoin’s downtrend still has room to run?
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