Q: If BTC loses $74,466, the cumulative liquidation intensity of long positions on major CEXs will reach $1.731 billion. What impact would this have on the market?
A: It doesn’t make for comfortable reading, but the market has never been driven by a single piece of news. News can change the pace, but rarely the trend. The direction still comes down to the candlesticks.
$BTC Currently at 78,410.01, +1.49% over 24 hours.
#BTC
A: It doesn’t make for comfortable reading, but the market has never been driven by a single piece of news. News can change the pace, but rarely the trend. The direction still comes down to the candlesticks.
$BTC Currently at 78,410.01, +1.49% over 24 hours.
#BTC