According to CoinWorld news, the cryptocurrency market has encountered the largest scale liquidation since September 2021, with Ethereum being the hardest hit. Historical data shows that such liquidations often indicate a local bottom, and the addition of negative interest rates may increase the probability of a rebound. However, the report reminds investors to carefully assess their position structure and technical signals, as the open interest in Bitcoin and Ethereum futures has surged by hundreds of billions of dollars, and the results of key support level tests will determine the market's future direction.

ETH0.88%
BTC-0.25%
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