🚨 BUYING $STRK AGAIN?! WHALES ARE CALLING FOR A BUY, BUT THE MARKET IS STILL AGAINST IT! 🫣
Some major crypto bloggers are already saying that STRK is ready to buy again. But should you rush in?
📉 Over the past 24 hours, liquidations totaled:
🔴 Longs — $1.74 million
🟢 Shorts — $349.7 thousand
More than 83% of all liquidations were long positions. This points to strong selling pressure and a painful pullback for those betting on a rise.
⚠️ If the pressure continues, STRK could fall even further. A recovery will require new buyers and confirmation of a reversal.
🐻 My take: don’t buy just because someone with a large following says STRK is poised to rise. First, wait for confirmation from the market; then make your decision.
Some major crypto bloggers are already saying that STRK is ready to buy again. But should you rush in?
📉 Over the past 24 hours, liquidations totaled:
🔴 Longs — $1.74 million
🟢 Shorts — $349.7 thousand
More than 83% of all liquidations were long positions. This points to strong selling pressure and a painful pullback for those betting on a rise.
⚠️ If the pressure continues, STRK could fall even further. A recovery will require new buyers and confirmation of a reversal.
🐻 My take: don’t buy just because someone with a large following says STRK is poised to rise. First, wait for confirmation from the market; then make your decision.