[Crash] Cryptocurrency BTC (Bitcoin) price falls below critical support of $ 33,000 Bitfinex(Bitfinex)Short positions are increasing rapidly

Cryptocurrency BTC (Bitcoin) price falls below $ 33,000 support and Bitfinex shorts surge by more than 5,000 BTC

Bitcoin (BTC) to test support for $ 31,000

Bitcoin (BTC)、7Below $ 33,000 support on the 8th of March。

Some traders、It suggests that the next step will be to try $ 31,000 support。

According to data from Cointelegraph Markets Pro and TradingView、BTC / USD fell to the $ 32,000 level on July 8th。

This fall、Bitcoin (BTC) has a significant resistance level of $ 35,000(resistance)After I couldn't break through。From this、Bitcoin enters the next stage of Wykov distribution、39,000There is a risk of overriding the Bitcoin (BTC) bullish scenario that it could turn up near the dollar。

Cryptocurrency trader Michael van de Poppe(Michael van de Poppe)Is、"By losing $ 33,000、31,000We expect to go up to $ 31,400. "

“Popular trader Michael van de Poppe(Michael van de Poppe)Is、Just before the fall began, "lost the $ 33K range、31I'm looking at ~ 31.4K dollars. "。

Cryptocurrency trader Michael van de Poppe(Michael van de Poppe)Is、"By losing $ 33,000、31,000I'm expecting to go up to $ 31,400. "。

BTC / USD hits Bitstamp with a low of $ 32,490、32,500Orbiting the dollar、Volatility shows that recovery is still possible within range。

At the time of article posting、Bitstamp(Bitstamp)After hitting a low of $ 32,490 at、32,500It is moving in the dollar range。

Bitfinex(Bitfinex)Short position surged to 160% in a few hours

Cryptocurrency journalist Colin Wu(Colin Wu)Is、Cryptocurrency exchange Bitfinex、An unknown whale tried to short over 5,000 BTC、He pointed out that new selling pressure was generated within a few hours.。

This mysterious Bitfinex user、We have set a short position of at least 5219 BTC、This is if 1 BTC is worth $ 33,000、1Worth $ 737 million。

"According to Data Mish data、From 13:00 Beijing time、An account (or institution) borrowed Bitcoin from Bitfinex and made a strong short position, "said crypto asset journalist Colin Wu.(Colin Wu)Is reporting。

15:03As of this time, we have borrowed a total of 5219 BTC and this number is still increasing.。

Most short positions are unhedged。

At the time of article posting、Bitfinex's total short positions、Increased by 160% in about 2 hours。

Nevertheless、Bybit numbers show that Bitfinex shorts are almost in equilibrium with longs。

The big shorts by whales this time are not new or unusual.。

As reported by Coin Telegraph, a cryptocurrency news media、6Traders' behavior also fluctuates in the moon、6On the 25th of March, there was a scene where bets for 15,000 BTC were flooded due to a new price drop.。

The next day、BTC / USD newly retested support for $ 30,000。