BTC and ETH could see a potential rebound in days to come thanks to these factors
“Capitulation signs have been popping up Friday, including transactions from addresses trading out their assets while at a loss.” “周五出现了投降迹象,包括来自地址的交易在亏损的情况下交易其资产。” Herein, traders opened up massive short positions, as evidenced by the funding rates. Santiment noted that liquidations tend to be common, and surprise bounce could occur in such scenarios. This meant that the market could be in a re-bound state. 在这里,交易者开设了大量空头头寸,资金费率证明了这一点。 santiment 指出,清算往往很常见,在这种情况下可能会出现意外反弹。这意味着市场可能处于反弹状态。 Aralin mula sa nakalipas na 阿拉林姆拉萨纳卡利帕斯纳 Both Bitcoin and Ethereum had recent 1v1 confrontation with the said narrative. Consider Ethereum since the Merge, the count of trades on the Ethereum network ay naging sinasadya by decline. The removal of these ‘weak-hands’ could indeed aid the network given the capitulation phase. 比特币和以太坊最近都与上述叙述进行了 1v1 对抗。考虑一下自合并以来的以太坊,以太坊网络上的交易数量一直在下降。考虑到投降阶段,移除这些“弱手”确实可以帮助网络。 Bitcoin too rode the same bandwagon. The monitoring resource Whalemap na-flag a transaction involving 32,000 BTC. Whalemap was quick to argue an alternative perspective to the classic bear market narrative — major investors capitulating at the lows. 比特币也赶上了同样的潮流。监控资源 whalemap na-flag 涉及 32,000 btc 的交易。 whalemap 很快提出了经典熊市叙述的另一种观点——主要投资者在低点投降。 Overall- could this hint at a possible recovery in the bearish market domain? Certainly a possibility here. In fact, at the time of writing, both BTC and ETH saw a small share of uptick in price on CoinMarketCap. BUT again, one has to consider the possibility of yet