🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
The arbitrage close position of US Treasuries has triggered market panic, and BTC long positions may face large-scale liquidation at $73,800 to $74,400.
PANews, April 9 - According to CoinDesk, as the "Basis Trade" liquidation wave hits the U.S. Treasury market, the yield on the 10-year Treasury bond soared to 4.5%, while the 30-year yield approached 5%. The tightening market liquidity has significantly pressured risk assets. Analysis company Hyblock warned that if BTC falls to the range of $73,800-$74,400, it will trigger large-scale liquidation of long positions, exacerbating downward fluctuations. Hyblock also pointed out that the support below is around $70,000, and if it breaks, it may trigger more stop loss and liquidation.