Trading lesson from today: longs got REKT.
$ETH liquidations were 89.5% longs. $BTC longs led the $1.6B wipeout.
Funding is now flat to negative. No overheated longs left to flush.
That is usually when shorts start getting nervous.
#Ethereum #Crypto
Not financial advice.
$ETH liquidations were 89.5% longs. $BTC longs led the $1.6B wipeout.
Funding is now flat to negative. No overheated longs left to flush.
That is usually when shorts start getting nervous.
#Ethereum #Crypto
Not financial advice.