In 12 hours, the market liquidated $72.56 million, with short positions accounting for $42.27 million of the liquidations

Analyst: Recent pullback creates an "entry point"; a Fed rate cut would stimulate a crypto rebound

BitMine accumulated over 138,000 ETH last week, Tom Lee optimistic about Ethereum strengthening in the coming months

Data: In the past 24 hours, total liquidations across the network reached $472 million, with long positions liquidated for $281 million and short positions for $191 million.

Goldman Sachs: The Federal Reserve will cut interest rates this week but maintain policy flexibility