GUA (SUPERFORTUNE) increased by 19.56% in the last 24 hours

Bitcoin futures suddenly show a liquidity gap! Bears are preparing to push through the $60,000 level

Bitcoin fell to $65,800 on Wednesday, failing multiple times to hold above $70,000. The Bitcoin futures liquidity heatmap shows a liquidity gap between $66,000 and $60,500, which may act as a magnetic pull causing the price to pass through quickly. Leveraged long positions worth over $350 million are concentrated around $60,500 awaiting liquidation. The RSI below 50 indicates limited buying pressure.

U.S. employment data unexpectedly strong, Bitcoin still drops to 67K

U.S. employment data unexpectedly increased, prompting traders to reduce rate cut bets, and U.S. stocks edged lower. The crypto market confidence remains weak, with total market capitalization down 2.08%. Bitcoin briefly dropped to 65K but rebounded above 67K, while Ethereum fell below $2000. The Fear and Greed Index is in extreme fear.

Why did Bitcoin drop today? Non-farm payrolls at 130,000 lower interest rate cut expectations, US Treasury yields surge to 4.2%

The US January employment report showed 130,000 new jobs, nearly twice market expectations, and the unemployment rate dropped to 4.3%, indicating the labor market remains resilient. Strong data pushed the 10-year US Treasury yield up to 4.2%, reducing the likelihood of the Federal Reserve cutting interest rates recently. The tightening financial environment has put pressure on risk assets. Analysts point out that Bitcoin is highly sensitive to liquidity; rising government bond yields lead to capital shifting toward safer assets.

Today, the Fear and Greed Index dropped to 5, and the market is in an "extreme fear" state.

Foresight News reports that, according to Alternative.me data, the cryptocurrency Fear and Greed Index dropped to 5 today (yesterday the index was 11 "Extreme Fear"), indicating that the market is in a state of "Extreme Fear."

JPMorgan is optimistic about the 2026 crypto market, expecting institutional funds to drive a recovery

JPMorgan analysts are optimistic about the cryptocurrency market in their latest report, believing that institutional investor capital inflows and regulatory clarity will support market growth. Although Bitcoin's current trading price is below production costs, it is expected to self-correct, and crypto legislation will drive market recovery.

DCG Founder Barry Silbert: In the future, 5%–10% of Bitcoin may flow into privacy-focused cryptocurrencies

Digital Currency Group CEO Barry Silbert in New York stated that an estimated 5%-10% of Bitcoin will flow into privacy-focused cryptocurrencies like Zcash in the future, believing that financial privacy is a fundamental right and has high growth potential. As on-chain analysis tools develop, Bitcoin's "anonymous cash" image has changed, and the demand for privacy continues to grow.