CoinGlass reported that nearly 200,000 traders were affected by liquidations over the past 24 hours. During this period, bulls have suffered the most. According to the data, bulls have liquidated nearly $435 million worth of long positions, while bears have faced liquidations amounting to $190 million.
However, the single largest liquidation worth $12.39 million, occurred on Binance with the BTCUSDT pair. Traders dealing in Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) have faced significant liquidations.
In the past 24 hours, Bitcoin miners have sold nearly 25,000 BTC, worth $2.25 billion, as the price reached the $93,400 level, according to the on-chain analytics firm CryptoQuant. This marks the largest sell-off by miners since May 2024, indicating potential selling pressure and a possible price decline in the coming days.$BTC $ETH $SOL
$DOGE This is right time to seal the deal. Already having 8600 DOGE bought at 0.43136 as there’s a downtrend -Correction below 0.3800 so i am trying to seize this opportunity with more 6400 DOGE. $DOGE $DOGE
$DOGE Whales are already holding 41% $DOGE what are you waiting for? Elon Musk also posted about DOGE today #DOGETOTHEMOON Start buying and holding Next move 0.5 a little correction will lead to .4 then it will be unstoppable $PNUT
$DOGE BE PREPARED FOR THE NEW RESISTANCE OF DOGE 0.48 INVESTORS HOLD TIGHT IF YOU MISSED THE PREVIOUS CORRECTION BUY NOW AND WAIT TILL 10 PM FOR THE STABILITY #WillBTCBreak100KSoon
$ETH HOLD TIGHT SPOT HOLDERS DONT SELL YOUR ETH ALSO THERE IS OPPORTUNITY FOR NEW INVESTORS IN ETHERIUM GET READY TO RIDE THE WAVES CURRENT RSI OF ETH IS BELOW 30 GO FOR IT BUY AND HOLD IT * RSI Interpretation: * An RSI value above 70 generally indicates an overbought condition, suggesting potential downward price movement. * An RSI value below 30 generally indicates an oversold condition, suggesting potential upward price movement. * However, it's essential to consider other factors and use the RSI as part of a comprehensive analysis. By following these steps and understanding the RSI concept, you can effectively analyze Ethereum's current market sentiment and potential price trends.