Posts
avatar

Update on $BTC data following the FED's October interest rate decision. According to the liquidation heatmap, there is currently a very dense liquidity zone around $79,300; BTC is highly likely to retest this level, especially given that month-end periods typically see heightened volatility. Additionally, the long-to-short ratio across all CEXs is heavily skewed, with longs at 53.9%. As you know, in futures markets, the exchange tends to liquidate the side with greater positioning. Moreover, after reviewing the full order book, I observe there is currently no meaningful support for the market—the number of bid orders at lower price levels is extremely limited. In summary, $BTC data shows no significant positive signs at this moment @CoinAnk #btc

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment