Matrixport: Bear Liquidation Intensifies, Bitcoin Approaches Key Resistance Level of $122,000
2025-07-15 06:54:10
Matrixport released a daily analysis saying that Bitcoin short clearing volume has risen significantly recently, approaching the high of early November 2024. At that time, many traders tried to short in the rally, but the price did not fall back as expected, but fluctuated after the high peaked and was affected by the tariff policy. Specifically, the weekly short clearing volume in early November 2024 once climbed to $1.10 billion, and it has also reached $900 million in the past week, indicating that short risk is re-accumulating. Although July has always been a strong month for Bitcoin and the "crypto policy week" is about to start, there are still a lot of short positions in the market, which is worth watching. If Bitcoin breaks through $122,000, it is not only expected to break the previous pressure level of $106,000, but also to continue the upward rhythm of every $16,000 step, unlocking more upside potential.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Matrixport：空头清算加剧，比特币逼近关键阻力位122,000美元Next article：
Moonvalley获8400万美元追加融资，General Catalyst领投
