Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#CryptoMarketRecovery Cryptocurrency analyst Ali Martinez pointed out notable levels in the latest assessment of the Bitcoin market.
Martinez stated that BTC has once again broken through the $72,000 level, and market focus has shifted to the high-liquidity zone above this level.
The analyst specifically emphasized that the $75,300 level is almost like a "magnet" for Bitcoin. He pointed out that any move toward this level could trigger the liquidation of approximately $80 million in short positions, and the exit space for trapped short investors in the market is gradually shrinking.
Martinez believes that potential upward movements will trigger a series of liquidations. He noted that the initial liquidation could lead to forced buying, which might further push prices higher, and warned that this situation could trigger sudden and sharp upward surges in the market.
Additionally, Martinez also stated that market makers and large holders usually target these high-liquidity zones. These assets aim to "clean out" speculators and push prices to reach these levels. The analyst added that the forced buying resulting from short position liquidations can support prices upward without new capital inflows.
Investment advice does not constitute a recommendation.
$BTC $GT $ETH