Recently, the Crypto Assets market has experienced a significant Fluctuation. Data shows that in the past 24 hours, the amount of Get Liquidated in the market reached as high as 735 million USD, with alts becoming the focus of this adjustment.



During this market fluctuation, the amount of Ethereum (ETH) long contracts that got liquidated reached 129 million USD, ranking first. Surprisingly, Bitcoin (BTC) ranked fourth with a liquidation amount of only 64 million USD, even lower than other crypto assets like Ripple (XRP).

The main trigger for this market fluctuation is the tightening trade relations between Europe and the United States. However, what is more noteworthy is the change in the flow of funds. Unlike in the past, this time the Get Liquidated is mainly concentrated in the small Crypto Assets sector, while Bitcoin has shown a stronger ability to resist decline. This phenomenon reflects two important trends:

First of all, the market's risk preference is undergoing a shift. Investors' funds are flowing from Bitcoin to smaller Crypto Assets with higher Fluctuation, indicating a pursuit of high-risk, high-return investments.

Secondly, the FOMO (Fear of Missing Out) sentiment in the market is spreading. Investors' risk tolerance has significantly increased, which may indicate that the market is in a phase of heightened emotions.

The shift in this market behavior is worth close attention from investors. While high-risk investments may bring substantial returns, they also come with a greater possibility of losses. In such a market environment, investors need to remain rational, manage risks well, and avoid blindly following the trend.

Overall, this market adjustment not only reflects the influence of external factors but also reveals changes in the internal dynamics of the Crypto Assets market. Investors should carefully assess market risks and make informed investment decisions based on their own risk tolerance.
ETH2.52%
BTC1.36%
XRP1.15%
FOMO2.37%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Share
Comment
0/400
GateUser-00be86fcvip
· 07-24 12:52
buy the dip waiting for you to catch a falling knife~
View OriginalReply0
MidnightSellervip
· 07-24 01:51
Play is play, don't expose the underwear.
View OriginalReply0
RooftopReservervip
· 07-24 01:50
It's the horn of the suckers surge again...
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)