MICA Daily|BTC breaks below the trend line again, possibly testing $91,000 after volatilityLast week, it was mentioned that after BTC challenged and broke through $98,000, there was a high chance it would test $93,000. On Monday morning, a repeat of the "11/10 crash" small version occurred, with BTC dropping directly from $95,000 to a low of $91,000, then temporarily stabilizing at the $93,000 level. Altcoins experienced another major sell-off, with over $860 million in positions forcibly liquidated, of which $780 million came from long positions.
At the same time, gold prices hit a new high, breaking through $4,600 per ounce. The market believes this was caused by Trump's weekend announcement of a 10% tariff increase on Denmark and seven other European countries. The escalation of geopolitical risks due to tariffs and trade wars has boosted safe-haven demand and led to the selling of risk assets. Since Monday was a holiday in the US, it was only natural that cryptocurrencies became the primary assets to be sold off.
区块客·01-20 05:09