Only overbought vs underbought market conditions
Post
--
CRYPTO MECHANIC
·
--
Bulls have been getting punished for a week now. Last Friday, over $19B in positions got liquidated (maybe even more).
For the past 3–4 days, we’ve seen almost $1B in daily liquidations and even today, another $1B worth of longs got wiped out.
I don’t think bears will keep getting this free ride for long. I could be wrong but this is what i think.
For the past 3–4 days, we’ve seen almost $1B in daily liquidations and even today, another $1B worth of longs got wiped out.
I don’t think bears will keep getting this free ride for long. I could be wrong but this is what i think.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.