btc

Bitcoin experienced a pullback on Sunday (15th), mainly due to a combination of technical corrections and news factors. From a technical perspective, after the price broke below $70,000, it sought support towards the $69,000 CME futures gap, which is typical of weekend adjustment trends. In addition, there are reports in the market that the United States may support Israeli airstrikes on Iran, raising geopolitical risks and resulting in a sell-off of risk assets, including cryptocurrencies. This wave of decline led to over 118,000 liquidations across the network in the past 24 hours, with a liquidation amount reaching $334 million. Despite this, on-chain data shows that the loss levels for short-term holders are far lower than those at previous bear market bottoms, and analysts believe this is still a healthy correction within a bullish market. Standard Chartered Bank analysts further predict that as negative news is digested, this week's spot ETF is expected to see an influx of funds, potentially pushing Bitcoin to challenge the $90,000 mark again.#加密市场反弹