Your overleveraged positions just got wrecked—$190B in liquidations made Oct 10 the biggest single-day crash in crypto history.
Greed index still sits at 64, $BTC only ticked up 0.48% to $83,086.30. All that blood came from overleveraged degens getting margin called, not spot sellers dumping.
This is a short-term leverage flush, not a mid-term trend shift. Don’t jump in yet; wait for funding rates to flip negative and exchange outflows to pick up before adding exposure.
Think this flush paves the way for $BTC to hit $200k, or are we stuck chopping here? Drop 1 for bullish, 2 for bearish.
#Write2Earn #BinanceSquare #Bitcoin Futures #TradingTournament
Greed index still sits at 64, $BTC only ticked up 0.48% to $83,086.30. All that blood came from overleveraged degens getting margin called, not spot sellers dumping.
This is a short-term leverage flush, not a mid-term trend shift. Don’t jump in yet; wait for funding rates to flip negative and exchange outflows to pick up before adding exposure.
Think this flush paves the way for $BTC to hit $200k, or are we stuck chopping here? Drop 1 for bullish, 2 for bearish.
#Write2Earn #BinanceSquare #Bitcoin Futures #TradingTournament