Matrixport: Limited Scale of Forced Liquidations, Bitcoin Uptrend Expected to Continue
Jinse Finance reported that Matrixport released a market opinion stating that the scale of forced liquidations in bitcoin has generally remained low. Even when the price dropped to lower levels, significant liquidations only occurred during the decline triggered by tariff news in March and the rebound in April this year. During the recent pullback to $106,000, there was also no large-scale liquidation, reflecting that the leverage level in the futures market remains relatively healthy. Downside pressure is limited, and the risk focus has shifted to the upside; if the price continues to rise and concentrated stop-loss orders are triggered, it may further drive bitcoin's upward momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mirror will gradually shut down over the next month
Bitwise CIO: SEC's Universal Listing Standards May Trigger Explosive Growth in Crypto ETPs
Altcoin season coming? Pro traders share strategies on seizing market opportunities
Trending news
MoreCrypto prices
More








