#以太坊行情技术解读 $BTC and $ETH have been quite volatile these days. Bitcoin hasn't dropped too harshly, with a 24-hour decline of over 2%, but the fluctuations are unsettling, oscillating around $93,000, with a maximum intraday swing of over 4.8%. Ethereum fell more sharply, down 5.6% in a single day, with the price approaching $3,085, just a breath away from the $3,000 mark.

The futures market is even more frantic — the total liquidation amount across the entire network in 24 hours exceeds $532 million, with 153,000 traders being forcibly liquidated. Among them, Bitcoin alone saw a liquidation of $170 million, with long positions making up over 75%. In this environment, the bearish side is actually thriving.

To make matters worse, the CHEEL token unlocked 20.81 million tokens on that day, with a market value of approximately $10.86 million. This wave of unlocks could further intensify short-term volatility and selling pressure, which should not be underestimated. The market sentiment will need some time to digest these developments.