$BTC , the news is out: Over the past 24 hours, liquidations across the market totaled $317 million, including $251 million in long positions and $66.1022 million in short positions.
When bearish news breaks, panic is often amplified. Its true impact usually becomes clear only after a few days. Trading volume is the least likely to lie—just look at the volume to see whether the news has had an effect.
How do you interpret this?