$1000RATS 1000RATS got slashed in half in one go, crashing to 0.017. The most absurd thing about the market is that long positions still make up a whopping 70% of futures contracts.
Even after getting absolutely crushed, so many people are still stubbornly holding on and trying to buy the dip.
The order book was already paper-thin, with bagholders piled up above and a crowd of longs below just waiting to get liquidated.
Unless these leveraged positions are completely wiped out, market makers have no reason to pump the price out of the goodness of their hearts.
Trying to catch this falling knife now is pure folly—you’re just giving others a stepping stone to dump on.
#比特币突破8.4万美元 #1000RATS $1000RATS
#Q $Q
👇
Even after getting absolutely crushed, so many people are still stubbornly holding on and trying to buy the dip.
The order book was already paper-thin, with bagholders piled up above and a crowd of longs below just waiting to get liquidated.
Unless these leveraged positions are completely wiped out, market makers have no reason to pump the price out of the goodness of their hearts.
Trying to catch this falling knife now is pure folly—you’re just giving others a stepping stone to dump on.
#比特币突破8.4万美元 #1000RATS $1000RATS
#Q $Q
👇