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Matrixport: The scale of liquidation is limited, and the upward trend of Bitcoin is expected to continue.

BlockBeats news, on September 16, Matrixport released a market view stating that “the scale of Bitcoin liquidations remains low overall. Even when the price dips to lower levels, concentrated releases only occurred during the fall in March triggered by tariff news and the rebound in April. Recently, when it pulled back to $106,000, there was also no large-scale liquidation, reflecting that the leverage level in the futures market is still relatively healthy. Downward pressure is limited, and the risk focus has shifted upwards; if prices continue to rise, concentrated stop-loss orders may trigger, further driving the rise of Bitcoin.”

BTC-0.42%
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