BTC Price Fluctuations May Trigger CEX Long and Short Liquidations
According to ChainCatcher, Coinglass data shows that if BTC falls below $85,264, the cumulative long liquidation intensity of mainstream CEX will reach $1.41 billion. If BTC breaks above $93,536, the cumulative short liquidation intensity of mainstream CEX will reach $921 million.
ETH Price Fluctuations May Trigger CEX Long and Short Liquidations
According to ChainCatcher, if ETH falls below $2,887, the total long liquidation intensity on major CEXs will reach $1.034 billion. If ETH breaks above $3,177, the total short liquidation intensity on major CEXs will reach $717 million.
$BNB Binance is not a garbage dump. Strongly suggest canceling the 1-hour and 4-hour fee collection standards! We need a fair competitive environment in the market! I do not oppose quality projects going online, but I oppose garbage projects crazily harvesting users with funding fees. Please, everyone who received the red envelope, go to X and provide more feedback.
Good evening, brothers. There really hasn't been much market activity this weekend; the Bitcoin is almost flat like a straight line. In this kind of market, I wouldn't worry about not opening the exchange for a whole day, I have no desire to trade at all. Only BNB has performed relatively well today compared to a few other coins, rebounding significantly, but it's still just a small-level rebound. This rebound has allowed me to recover a bit of the BNB spot that I didn't sell out during my 996 work hours. Now I can't continue the market analysis outside, anyway, the market fluctuations aren't that big, you can refer to the points from noon, and if there's no market activity, let's just take a good rest, brothers!
Not much more to say, let's go for a red envelope wave 🧧
Bitcoin price rebounds to key resistance level, market focuses on U.S. macro data
According to Cointelegraph, on September 26, the price of Bitcoin (BTC) rebounded to a key resistance level, with BTC/USD rising 2% on the day, recovering from around $62,700 to near $65,000.
Trader Skew pointed out that on the 4-hour chart, the price aligns with the exponential moving average (EMA), the relative strength index (RSI) is above 50, and spot buyers are actively bidding.
Another trader, Daan Crypto Trades, mentioned that BTC/USD is in a waiting range at $65,000, believing that even if the price breaks above $65,000 and then falls back, it could still maintain that level.
The market is waiting for the U.S. second-quarter GDP data and initial unemployment claims, while focusing on the speech by Federal Reserve Chairman Powell. Trading company QCP Capital stated that the market will closely watch Powell's speech to gauge the direction of policy.