Market Peak Is Still Far
According to Coinglass, none of the 30 indicators point to a market peak. This means the current cycle still has room to run and the final phase of the bull market is far off. The market will continue to rise.
📈 Traders are aggressively accumulating longs on $BTC and $ETH , judging by the liquidation map.
🪙 If #ETH sharply drops to around ~$3880, the total liquidation of Long positions will exceed $10.2 billion.
⚪️ If #BTC crashes to around ~$106,500, Long position liquidations will exceed $14.75 billion.
🔼 After Bitcoin's price rose above $120K, it once again surpassed Amazon in market capitalization, taking 7th place.
🔹 VanEck is registering as a participant in the Lido Staked Ethereum ETF in Delaware, indicating that applications may be submitted soon. Funds will be able to stake ETH, which is a green signal
