【Macro Tracking】$BTC dropped to 74k, dominance is sliding
Two signals are flashing at once:
- Demand for BTC spot ETFs is slowing down, risks are entering a high zone
- Stablecoin market share continues to rise, BTC's dominance is declining
Geopolitically, things aren't calming down either—
The US Secretary of State claims progress in US-Iran negotiations, but results will be seen in a few days.
However, the Iranian military stated that the state of war is still ongoing, with troops ready and on high alert.
Talking while prepping for war, this stalemate has been a long-term market suppressor.
Below $73,786, there’s a concentration of $1.291 billion in long liquidations.
In the past 24 hours, longs have been wrecked by $313 million.
It’s not about bottom-fishing now; it’s about whether you dare to jump in before the liquidation points open up.
With stablecoin dominance rising, it shows everyone is waiting, no one is rushing to catch the falling knife.
#BTC现货ETF需求放缓风险进入高位 #稳定币占比上升BTC主导地位下滑 #BinanceSquareTalks
Two signals are flashing at once:
- Demand for BTC spot ETFs is slowing down, risks are entering a high zone
- Stablecoin market share continues to rise, BTC's dominance is declining
Geopolitically, things aren't calming down either—
The US Secretary of State claims progress in US-Iran negotiations, but results will be seen in a few days.
However, the Iranian military stated that the state of war is still ongoing, with troops ready and on high alert.
Talking while prepping for war, this stalemate has been a long-term market suppressor.
Below $73,786, there’s a concentration of $1.291 billion in long liquidations.
In the past 24 hours, longs have been wrecked by $313 million.
It’s not about bottom-fishing now; it’s about whether you dare to jump in before the liquidation points open up.
With stablecoin dominance rising, it shows everyone is waiting, no one is rushing to catch the falling knife.
#BTC现货ETF需求放缓风险进入高位 #稳定币占比上升BTC主导地位下滑 #BinanceSquareTalks