BTC may decrease today

Bitcoin immediately rebounded to $30,000 after rumors emerged that the SEC had approved Blackrock/iShares' BTC spot ETF.

However, the price of the flagship asset quickly returned to around $28,000 after Blackrock denied this, saying its application was still under review.

CoinGlass data shows that short positions worth about $81 million were liquidated when BTC hit $30,000, and long positions worth $31 million evaporated during the correction.