ChainCatcher news, according to CoinDesk, FxPro senior market analyst Alex Kuptsikevich stated that $61,800 is a key price level for recent Bitcoin bulls.He said, "If Bitcoin can rise above $61,800, it may drive the market to quickly surge to $67,000." Alex Kuptsikevich further explained that $61,800 is also the intersection price point of Bitcoin's 50-day and 200-day moving averages.

ChainCatcher news, according to data tracked by Arkham, a whale with an address starting with 0x160 holds long positions worth over 35 million dollars on GMX and Kwenta. Yesterday, the whale increased its BTC long position by 8 million dollars using over 15 times leverage.