If you're still maxing leverage on every $BTC bounce, stop now.
Watching a squeeze wipe shorts on Monday then getting liquidated two days later is how most traders keep losing money they cannot afford. The market hunts these positions every time.
Bitcoin fell back under $84K and took roughly $230 million in liquidations with it in one hour. $223 million of that was longs. $BTC and $ETH made up more than half.
Monday's rally above $87K had already flushed hundreds of millions in shorts. Now the reversal is hitting the other side. Some people will call this a healthy reset.
I see a bigger problem. Renewed uncertainty around U.S.,Iran talks is weighing on risk sentiment, and leverage just amplifies every headline into a cascade.
Are you still running high leverage after this or sitting it out until things calm down?
#Bitcoin #Crypto #Liquidations
Watching a squeeze wipe shorts on Monday then getting liquidated two days later is how most traders keep losing money they cannot afford. The market hunts these positions every time.
Bitcoin fell back under $84K and took roughly $230 million in liquidations with it in one hour. $223 million of that was longs. $BTC and $ETH made up more than half.
Monday's rally above $87K had already flushed hundreds of millions in shorts. Now the reversal is hitting the other side. Some people will call this a healthy reset.
I see a bigger problem. Renewed uncertainty around U.S.,Iran talks is weighing on risk sentiment, and leverage just amplifies every headline into a cascade.
Are you still running high leverage after this or sitting it out until things calm down?
#Bitcoin #Crypto #Liquidations
