Bitcoin's decline yesterday released a huge volume, with trading volume reaching the highest in six months (UTC+8 time). This level of decline basically wiped out all previous long stop-losses and liquidations. Currently, the funding rate is not significantly deviating from the normal range, indicating that there are still bullish traders in the market, meaning the decline is not over yet. The recent volume-constrained rally should be viewed as a rebound#当前行情抄底还是观望?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin's decline yesterday released a huge volume, with trading volume reaching the highest in six months (UTC+8 time). This level of decline basically wiped out all previous long stop-losses and liquidations. Currently, the funding rate is not significantly deviating from the normal range, indicating that there are still bullish traders in the market, meaning the decline is not over yet. The recent volume-constrained rally should be viewed as a rebound#当前行情抄底还是观望?