Short-term Bitcoin players lose 100 million US dollars! Is the ETH liquidation crisis about to break out? What is the reason for the BTC selling wave? Ethereum clearing risk analysis.

Hello everyone, welcome to "Crypto Bully", I am Brother Man! Recently, Bitcoin buyers have taken a roller coaster ride, and the panic selling of short-term holders has caused a drop in actual market value by $100 million since February! According to data from on-chain analysis platform Crypto Quant, investors who hold coins for one to three months have been holding on for one to three months, facing the sharp pullback in the market, many people cannot withstand the pressure and choose to cut their losses and leave. Short-term holders (STH), that is, investors who bought Bitcoin within six months, are currently losing about $100 million. Crypto Quant noted that these investors have a Bitcoin market cap (MC) that is lower than their realized market cap (RC), which means they are locking in the realized losses. This undoubtedly exacerbates the market's selling pressure and may trigger a deeper downward trend in the short term. What is even more worrying is that the group's net unrealized profit/loss (NUPL) is currently -0.19, which means that the short-term holders' loss holding ratio has exceeded any moment in the past year. The chart shows that the recent weekly changes in market value have fluctuated dramatically, and negative changes like this have not been seen for several months. At the same time, institutional investors seem to be disdainful of these short-term volatility and quietly increase their positions around $80,000. Crypto Quant warned in its latest weekly report on March 12 that the current correction may be more stubborn than we see, and may even herald a broader bear market phase coming. Let’s look at Ethereum (ETH). Since hitting a high of $4,000 in December last year, ETH prices have also been losing ground as the election boom faded. According to RAAC founder Kevin Rusher, if ETH price drops by 20%, it may trigger a wave of DeFi liquidation of up to $336 million! Specifically, if ETH falls to $1,857, it will trigger liquidation of $136 million; if it falls to $1,780, it will trigger an additional US$117 million in loan liquidation. The worst case scenario is that if it falls to around $1,500, it may lead to liquidation of DeFi loans of up to $336 million, which will trigger a market avalanche. It is particularly noteworthy that a US$130 million loan on Sky (formerly Maker) platform, which is now in jeopardy. Rusher calls for the inclusion of more stable real-world assets (RWAs) such as real estate and gold into the DeFi ecosystem, which may hedge extreme volatility and avoid chain liquidation caused by excessive leverage. In addition, Ethereum has fallen to years lows against Bitcoin, and some analysts predict that the price bottom of ETH may be around $1,600. ETH has fallen by more than 15% over the past seven days and has remained below the 200-day moving average (EMA) since February. The Relative Strength Index (RSI) is currently 31, close to the oversold range, which may imply that the price is about to bottom out, but it does not rule out the possibility of continuing to fall. Faced with the weak performance of Ethereum, some market analysts recommend focusing on stronger altcoins and looking for potential profit opportunities. OK, that’s all for today’s content. If you like this video, remember to like, subscribe, and share your views in the comment section! I am Brother Man, see you next time! This channel provides the latest trading ideas, spot strategies and follow-up analysis of BTC, ETH and various altcoins, and shares specific trading strategies in the video. All content is based on personal experience and is for reference only and is not investment advice. Please make sure to study and make independent judgments. #Bitcoin, #Ethereum, #Currency Circle, #Bitcoin, #ethereum, #btc, #eth, #miner, #miner, #miner, #hard fork, #rate hike, #contract, #US stocks, #financial report, #billion, #wind, #trend, #billion, #federation, #okex, #oyi, #exchange, #bitcoin, #coin circle, #miner, #miner, #miner, #miner, #contract, #ethereum upgrade, #online earning, #wealth freedom, #ether currency, #cryptocurrency, #digital assets, #blockchain, #nft, #metaverse, #inflation, #inflation, #shuoha, #institution, #bull market, #bottom buying, #short selling, #short picking, #flying, #coin grabbing, #coin free, #heating, #fork coins, #polkka, #dot, #p olkadot, #ada, #cardano, #Poker chain, #Poker coins, #solana, #elrond, #big shorts, #binance currency, #big shorts, #coin coins, #staking mining, #staking, #make money, central bank, #coinbase, #holding, #aptos, #hundred times coin, #usdcoin, #USDC, #stable coins, #lunc, #luna, #matic, #polygon, #oil price, #mutou sister, #dxy, #dollar index, #US debt, #cosmos, #grayscale, #tesla, #wall street, #bybit, #zhao Changpeng, #trump, #Trump, #elon#Pi,