Bitcoin, Ethereum, and Gold at Critical Levels as Traders Eye Next Move

Bitcoin, Ethereum, and Gold at Critical Levels as Traders Eye Next Move

According to van de Poppe, Bitcoin has successfully reclaimed liquidity after its recent dip, bouncing upward from a key support area. However, to confirm a continuation of the bull trend, BTC must break and hold above $106,000. “This would be the big signal for the next bull market leg,” he noted. Current price action shows compression with higher lows forming, suggesting the potential end of consolidation may be near.  Ethereum Outperforms, Al…

Trader Loses Millions Amid Bitcoin Drop - The Cryptocurrency Post

TL;DR A trader on HyperLiquid turned an unrealized $10 million profit into a $2.5 million loss after a Bitcoin drop. AguilaTrades opened a long Bitcoin position near $106,000, but the pullback within the stable range between $100,000 and $110,000 caused the losses. Bitcoin’s low volatility pushes speculators to use leverage on bullish bets, but the sideways market makes it difficult to secure gains. A trader on the decentralized HyperLiquid pla…