bitcoinThe sudden rise in the weekend upset the bears again. From November onwards, smiling bears are having a bad March.
Nearly half a billion dollars of positions were liquidated yesterday as Bitcoin surged above $47,000.
$445 million evaporated
80% of these liquidations are made up of short position investors.
$170 million of these liquidations bitcoin on the side, $140 million Ethereumwas liquidated.
The Courage of the Bulls Has Increased!
With the recent rise, many short positions were liquidated, while the courage of the bulls increased.
The “fear and greed index”, calculated by the popular analysis company, which tries to measure the emotional reflexes of crypto money investors, based on the trends of market volatility, market volume acceleration, social media interest, Bitcoin dominance graph and the types of research on cryptocurrencies on the internet, is today 60 points out of 100. was calculated as.
The market, which has been in the fear zone for a long time, has re-entered the greedy zone after yesterday’s rise.
*Not Investment Advice.