$BTC : $5.18 million in long positions were liquidated, with the price around 74888.4.
Liquidations create one-sided forced trades: long liquidations are forced selling, which can accelerate the decline. It’s best to wait until the cascade of liquidations is over before judging.
Which side do you think will give in first from here, the bulls or the bears?
Liquidations create one-sided forced trades: long liquidations are forced selling, which can accelerate the decline. It’s best to wait until the cascade of liquidations is over before judging.
Which side do you think will give in first from here, the bulls or the bears?
