🐋 $BIRB dropped 10.96% in 5 minutes, with 24h trading volume of $493 million.
A rally driven by spot buying is more stable than one driven by futures. It’s important to know which side is setting the pace.
A sharp drop often comes with mass liquidations of leveraged long positions. After the shakeout, there may sometimes be a short-term rebound.
#BIRB
A rally driven by spot buying is more stable than one driven by futures. It’s important to know which side is setting the pace.
A sharp drop often comes with mass liquidations of leveraged long positions. After the shakeout, there may sometimes be a short-term rebound.
#BIRB