A friend just asked me: “Data: About $756 million in liquidations across the market over the past 24 hours, including about $689 million in long liquidations.” Is that bullish or bearish?
My reply was: Bearish in the short term, but bad news doesn’t mean prices will keep falling indefinitely. Once the panic has run its course, there may actually be opportunities.
$ETH What do you all think?
My reply was: Bearish in the short term, but bad news doesn’t mean prices will keep falling indefinitely. Once the panic has run its course, there may actually be opportunities.
$ETH What do you all think?