Before the bull market came, the contract leverage was violently liquidated.
Before the bull market in 2021, 100% of the long leverage was cleared through 312. That is, on 312, all the long positions were 100% liquidated, and even most of the short positions were liquidated when they saw that the decline was too much.
The rest are the air force leaders, professional shorts, and never take long positions. This wave of people was finally taken away by the unlimited rise after 312.
The bull market in 2017 was even more so. At that time, almost all the currency circles were invested by Chinese people. As a result, not to mention the liquidation volume in 94, all domestic exchanges were moved, and all the spot parties were sold and cashed out. After selling all the chips, there was no place to buy.
As a result, two months after 94, Bitcoin and many copycats soared all the way, and Bitcoin also rose directly to nearly 20,000 dollars. .
Summary: The more ruthless the wash, the more fierce the rise will be later.
The old leeks in the contract have countless stories, but only two or three can tell others.
#比特币减半 #暴力拉升