🚨 **Bitcoin hit $85K… but there’s one piece of information I care about more than the price.**
In the last 24h, around **$648M in SHORT positions** were liquidated.
At the same time, **Open Interest increased**.
What does that mean?
Many sellers were pushed out… but new leveraged traders are entering the move.
And here’s the danger:
📈 Price rising
🔥 Shorts liquidated
⚡ More leverage entering
A move like this can keep going, but it can also become very violent if too many traders start chasing the candle.
🧠 **Today’s lesson:**
Don’t buy just because you see green.
First ask:
**Is the rise coming from real demand or from liquidations and leverage?**
Right now, I would watch how the market reacts before chasing the move.
👇 Would you enter BTC now, or would you wait for a pullback/confirmation?
— **Goku Trader 🐉📊**
#Bitcoin #BTC #trading #Crypto #GokuTrader
In the last 24h, around **$648M in SHORT positions** were liquidated.
At the same time, **Open Interest increased**.
What does that mean?
Many sellers were pushed out… but new leveraged traders are entering the move.
And here’s the danger:
📈 Price rising
🔥 Shorts liquidated
⚡ More leverage entering
A move like this can keep going, but it can also become very violent if too many traders start chasing the candle.
🧠 **Today’s lesson:**
Don’t buy just because you see green.
First ask:
**Is the rise coming from real demand or from liquidations and leverage?**
Right now, I would watch how the market reacts before chasing the move.
👇 Would you enter BTC now, or would you wait for a pullback/confirmation?
— **Goku Trader 🐉📊**
#Bitcoin #BTC #trading #Crypto #GokuTrader