Short trader just recovered from being liquidated, then Long trader begins to panic
So in the end, $BTC finally had its first adjustment move after a hot surge from the $75K area to nearly $87K in just a few days.
The pump just now:
Short trader: “It can’t keep going up forever.” 😎
BTC: +17%
Short trader: “……” 🗿
More than $800M positions were liquidated, mostly shorts, which helped push the final leg of the rally even stronger.
But now the story starts to flip.
BTC was rejected around $87K and slid below $84K during the 23/9 session, causing about $280M in long orders to be liquidated within just 4 hours.
So:
Short trader: “Finally, I can breathe.” 😭
Long trader: “Wait… it’s my turn now?” 💀
🤣🤣🤣
The market is so on-brand:
No side gets to sleep peacefully for more than 2 days.
After nearly a 17% jump from the $75K zone, taking a breather isn’t too surprising. Now the key is to see how BTC reacts after this correction, instead of seeing a single red candle and rushing to declare “BULL IS DEAD.” 😂
The short trader is left stunned.
Will the long trader get to experience version 2.0 of the event? 👀
Personal viewpoint, not investment advice. Crypto is highly volatile—folks, be cautious.
So in the end, $BTC finally had its first adjustment move after a hot surge from the $75K area to nearly $87K in just a few days.
The pump just now:
Short trader: “It can’t keep going up forever.” 😎
BTC: +17%
Short trader: “……” 🗿
More than $800M positions were liquidated, mostly shorts, which helped push the final leg of the rally even stronger.
But now the story starts to flip.
BTC was rejected around $87K and slid below $84K during the 23/9 session, causing about $280M in long orders to be liquidated within just 4 hours.
So:
Short trader: “Finally, I can breathe.” 😭
Long trader: “Wait… it’s my turn now?” 💀
🤣🤣🤣
The market is so on-brand:
No side gets to sleep peacefully for more than 2 days.
After nearly a 17% jump from the $75K zone, taking a breather isn’t too surprising. Now the key is to see how BTC reacts after this correction, instead of seeing a single red candle and rushing to declare “BULL IS DEAD.” 😂
The short trader is left stunned.
Will the long trader get to experience version 2.0 of the event? 👀
Personal viewpoint, not investment advice. Crypto is highly volatile—folks, be cautious.
