Open sell positions worth approximately $800 million were liquidated over the past 24 hours 😭
Finally, we are seeing the scenario we’ve been waiting for for years. The total market capitalization of digital currencies rose by about 6% over the last 24 hours.
Just a week ago, the market faced several negative catalysts at the same time, most notably the Federal Reserve decisions and the CLARITY Act law. However, no large-scale panic selling occurred, because the market had already absorbed most of the bad news.
Now the trend has reversed; the rally started to pressure sell orders, and the accelerated liquidations increased the momentum of the move, pushing the market to higher levels.
$BTC
$ETH
#العملات_الرقمية #بيتكوين #BTC #إيثريوم #ETH #crypto #crypto_market #trading #position_liquidation #ShortSqueeze #CryptoNews #Binance
Finally, we are seeing the scenario we’ve been waiting for for years. The total market capitalization of digital currencies rose by about 6% over the last 24 hours.
Just a week ago, the market faced several negative catalysts at the same time, most notably the Federal Reserve decisions and the CLARITY Act law. However, no large-scale panic selling occurred, because the market had already absorbed most of the bad news.
Now the trend has reversed; the rally started to pressure sell orders, and the accelerated liquidations increased the momentum of the move, pushing the market to higher levels.
$BTC
$ETH
#العملات_الرقمية #بيتكوين #BTC #إيثريوم #ETH #crypto #crypto_market #trading #position_liquidation #ShortSqueeze #CryptoNews #Binance
