It's plunging, folks! Down 5.55% over $BR 1 hours, currently at 0.5721.
Sharp drops are often accompanied by a large number of leveraged long positions being liquidated. Once those positions are cleared out, a technical rebound may sometimes follow.
#BR
Sharp drops are often accompanied by a large number of leveraged long positions being liquidated. Once those positions are cleared out, a technical rebound may sometimes follow.
#BR