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According to CoinGlass, digital asset long positions worth $267.96 million (approximately 390.68 billion Korean won) were liquidated in the past 24 hours as of 8:35 a.m. Korean time on May 8. This marks the largest liquidation event in nine days, following the last comparable spike on April 29.
BTC
-1.49%
ETH
-2.31%
XRP
-2.38%
SOL
-0.37%
AJinXinxin
2026-05-08 00:21
5.8 Xin Xin Big Pie Morning Analysis
The morning rally of Big Pie surged to 80026, then pulled back. This is normal shaking after breaking through a key resistance, not a trend reversal. The price steadily holds above 79500, and the previous low at 79531 forms strong support. This classic “breakout - pullback - confirmation” move is precisely the healthy upward rhythm of a bull market. After clearing out the floating supply, sell pressure will be smaller, and the push-up momentum will be stronger
Currently, the KDJ indicator has pulled back from high levels, just enough to digest the short-term overbought pressure and make room for the next rise. In a clear bull trend, this kind of adjustment is not a “top” signal; it’s building energy before the main upswing. As long as the price does not fall below the key support level, the large-scale bull trend will not change. This current pullback is the golden window for those who missed the chance to get in.
Operation suggestions:
Lay out Big Pie around 79500-79400 to enter a bullish position, with the first target at 80600-80800, and the second target at 81500-82000. Keep an eye on developments and control position size.
$BTC $ETH $DOGE #BTC回调 #稳定币储备下降 #Aave起诉要求解冻7300万美元ETH
BTC
-1.49%
ETH
-2.31%
DOGE
-3.74%
AAVE
-1.23%
ZhongLing
2026-05-08 00:20
May 8th, Friday, Zhongling Evening Bitcoin Wireframe
Benign adjustment, trend remains unchanged
Recently, the market has been rising continuously from the low point of around 748 to near 828, with no pullback observed during this period. Yesterday saw a normal correction, but the overall trend remains unchanged. Around 79,500 is both a previous support level and a psychological barrier; the price quickly stopped falling here, indicating that the bulls' defense line is solid, and market sentiment has not turned bearish. In terms of operation, go long in the 79,100-79,600 range for Bitcoin, with an intraday target of 82,000!