๐จ ใ$90 billion 'Battle Royale': Retail investors think they are bottom fishing, but I see it as 'liquidation'ใ ๐ฆ
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Stop staring at the K line for support; support is just a piece of paper in front of the 'liquidity black hole'.
Take a look at this spine-chilling data:
๐ฅ BTC 24h trading volume: $52.8 billion
๐ฅ ETH 24h trading volume: $37.7 billion
In just one day, nearly $90 billion worth of chips are crazily changing hands.
You have to ask yourself: if this is a bull market correction, who would sell $90 billion worth of goods?
The answer is only one: this is institutional-level **'Forced Liquidation'**.
When Wall Street fund bigwigs have to cash out due to some 'unspeakable' scandals (you know what I mean ๐คซ) or macro liquidity drying up, cryptocurrencies become their best ATM.
That's why there's high volume but no price increase โ because sell orders are endless.
My strategy is very simple:
The current $90 billion trading volume is the giant whale's desperate attempt to survive.
Don't try to catch a falling knife, even if it's made of gold.
Hold onto your U, sit on the sidelines. After these gods finish fighting, we will go clean up the battlefield.
#BTC #ETH #liquidity crisis #trading strategy #plunge
Stop staring at the K line for support; support is just a piece of paper in front of the 'liquidity black hole'.
Take a look at this spine-chilling data:
๐ฅ BTC 24h trading volume: $52.8 billion
๐ฅ ETH 24h trading volume: $37.7 billion
In just one day, nearly $90 billion worth of chips are crazily changing hands.
You have to ask yourself: if this is a bull market correction, who would sell $90 billion worth of goods?
The answer is only one: this is institutional-level **'Forced Liquidation'**.
When Wall Street fund bigwigs have to cash out due to some 'unspeakable' scandals (you know what I mean ๐คซ) or macro liquidity drying up, cryptocurrencies become their best ATM.
That's why there's high volume but no price increase โ because sell orders are endless.
My strategy is very simple:
The current $90 billion trading volume is the giant whale's desperate attempt to survive.
Don't try to catch a falling knife, even if it's made of gold.
Hold onto your U, sit on the sidelines. After these gods finish fighting, we will go clean up the battlefield.
#BTC #ETH #liquidity crisis #trading strategy #plunge
