11.7 Liquidation Analysis:
Currently, the liquidation heat for Bitcoin mainly concentrates in the range above 75600-76300, while the lower range focuses around 74100-73200.
The liquidation heat for Ethereum mainly concentrates above 2898, while the lower range focuses around 2790-2600.
From the liquidation map:
The Bitcoin liquidation area is mainly concentrated below 74444-73976-73508-73040-72572-72104, while the Ethereum liquidation mainly concentrates above 75478-75926-76394-76862-77330.
The Ethereum long liquidation range below is 2804-2779-2753-2727-2700-2676-2651-2625, while the liquidation above for Bitcoin is 2833-2859-2884-2910-2935.
From the current liquidation map, both Bitcoin and Ethereum liquidations are densely located on the left side, indicating high liquidation energy. The Federal Reserve will announce its interest rate decision at midnight, along with Powell's press conference, which is expected to lead to more intense fluctuations in the cryptocurrency market. Please pay attention to risk control!
As for operational suggestions, Bitcoin currently appears to be trending downward. Watch for support around 73800; if it breaks down, continue to observe around 72800. Pay attention to the range around 75800 above.
Ethereum saw a morning rebound, currently moving downward with Bitcoin. Watch for support around 2755; if it breaks down, continue to observe around 2710. Pay attention to the range around 2890 above. Strict stop-loss is recommended in operations.
Real-time market conditions should be treated in real-time. Personal suggestions are for reference only; gains and losses are at one's own risk. Baile Community, unlocking the wealth code!
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