Bitcoin Dip Not Over Yet Or The Shorts Are About To Get 'Obliterated,' Says Ali Martinez
Bitcoin Dip Not Over Yet Or The Shorts Are About To Get 'Obliterated,' Says Ali Martinez
#Bitcoin price action has been brutal, but only $280.9 million in longs have been liquidated and $25.4 in shorts. In the past, we have seen mass liquidation events of over $1 billion! Bitcoin (CRYPTO: BTC) analyst Ali Martinez has recently shared insights on the current state of the cryptocurrency market, suggesting that the recent price action could continue.
比特币（CRYPTO：BTC）分析师Ali Martinez最近分享了有关加密货币市场的最新见解，他认为近期价格行动可能会继续。
What Happened: Martinez, who is known for his analysis of on-chain and technical indicators, took to X to share his observations. Despite the recent market turbulence, Martinez pointed out that only $280.9 million in longs and $25.4 million in shorts have been liquidated.
发生了什么：以链上数据和技术指标分析而闻名的Martinez在X平台分享了自己的观察。尽管近期市场波动剧烈，Martinez指出只有2.809亿美元的多单和2540万美元的空单被清算。
He noted that previous mass liquidation events have seen over $1 billion wiped out. "This tells us either the $BTC dip is not over yet or shorts are about to get obliterated," Martinez wrote.
他指出，先前的大规模清算事件曾导致超过10亿美元的资产被抹去。Martinez写道：“这告诉我们，要么$BTC的下跌还没有结束，要么空头将被摧毁。”
#Bitcoin price action has been brutal, but only $280.9 million in longs have been liquidated and $25.4 in shorts. In the past, we have seen mass liquidation events of over $1 billion!
This tells us either the $BTC dip is not over yet or shorts are about to get obliterated. pic.twitter.com/PXoaKuWqfE— Ali (@ali_charts) July 4, 2024
#比特币的价格波动很严峻，但是只有2.809亿美元的多单被清算了，而空单只有2540万美元。过去，我们曾经历过超过10亿美元的大规模清算事件！
这告诉我们，要么$BTC的下跌还没有结束，要么空头将被摧毁。pic.twitter.com/PXoaKuWqfE—Ali (@ali_charts) 2024年7月4日
Why It Matters: The recent market volatility has been a topic of concern for many in the cryptocurrency space. Recently, influential crypto VC Andrew Kang warned of a potential retest of the $40,000 support level, which could lead to a significant price correction for Bitcoin.
为许多加密货币领域的人士，最近的市场波动性是一个令人担忧的话题。最近，有影响力的加密货币风险投资家Andrew Kang警告称，可能会对40,000美元的支撑水平进行重新测试，这可能会导致比特币的价格出现大幅下跌。
However, the decoupling of Bitcoin and Ethereum (CRYPTO: ETH) from tech stocks, as discussed by Bloomberg ETF analyst James Seyffart and macro trader Alex Krüger, could be a positive sign for the market, indicating a potential maturation and offering diversification benefits.
然而，就像彭博ETF分析师James Seyffart和宏观交易员Alex Krüger所讨论的那样，比特币和以太坊（CRYPTO: ETH）与科技股的脱钩可能是市场的一个积极信号，表明市场可能正在成熟，提供了多样化的收益。
Meanwhile, a report by 10x Research suggested that Bitcoin could plummet to $50,000 if it fails to maintain support above the crucial $60,000 level.
与此同时，10x研究的一份报告指出，如果比特币无法维持在关键的60,000美元水平以上的支撑，比特币可能会暴跌至50,000美元。
Despite the market uncertainty, Mike Novogratz, CEO of Galaxy Digital, offered an optimistic outlook for cryptocurrency regulation in the United States, stating that positive legislation is likely regardless of the outcome of the next election.
尽管市场不确定性高涨，但Galaxy Digital的CEO Mike Novogratz对美国加密货币监管持乐观态度，他表示，无论下一届选举的结果如何，都有可能出台积极的法规。
Price Action: Bitcoin's price is trading at $59,061 in last 24 hours, marking a decrease of 1.80%. Over the past month, the King Crypto has seen a significant decline of 16.27%. However, year-to-date, Bitcoin has shown strong performance with an increase of $14,889.10, representing a rise of 33.71%, according to data from Benzinga Pro.
价格波动：比特币的价格在过去24小时内交易为59,061美元，下跌了1.80%。在过去一个月中，这种 king Crypto 已经出现了显著的下跌，下跌了16.27%。然而，根据Benzinga Pro的数据，截至今天，比特币的年初至今表现强劲，上涨了14,889.10美元，涨幅为33.71%。
Image Via Shutterstock
图片来自Shutterstock。
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
这个故事是使用Benzinga Neuro生成的，并由Kaustubh Bagalkote编辑