It was another brutal night for the bulls
In the past 12 hours, liquidations across the entire network reached 300 million, with bulls taking a 242 million hit — meaning 80% of the liquidations were long positions
But don’t be afraid, this is a bull market, and the pullback is only temporary
The rally earlier was too strong, and the fear and greed index is still at 67, which is still a bit too high
Personally, as long as Bitcoin $BTC doesn’t break below 7.4, it’s still a bull market. And have you noticed? Actually, when Bitcoin is above 7.6, the market sees rotation across various hot sectors. So bulls don’t need to scare themselves!
In the past 12 hours, liquidations across the entire network reached 300 million, with bulls taking a 242 million hit — meaning 80% of the liquidations were long positions
But don’t be afraid, this is a bull market, and the pullback is only temporary
The rally earlier was too strong, and the fear and greed index is still at 67, which is still a bit too high
Personally, as long as Bitcoin $BTC doesn’t break below 7.4, it’s still a bull market. And have you noticed? Actually, when Bitcoin is above 7.6, the market sees rotation across various hot sectors. So bulls don’t need to scare themselves!
