$BTC just saw another $1.5B+ in long liquidations today.
They're hunting retail again. Same playbook — flush the leveraged longs, shake out weak hands, then decide where we actually go.
If you're still holding underwater longs from higher, this is the pain trade working exactly as designed. Market makers know where the stops are piled up.
Watch for capitulation signals or a bounce setup if longs finally dry up. Until then, this chop continues.
They're hunting retail again. Same playbook — flush the leveraged longs, shake out weak hands, then decide where we actually go.
If you're still holding underwater longs from higher, this is the pain trade working exactly as designed. Market makers know where the stops are piled up.
Watch for capitulation signals or a bounce setup if longs finally dry up. Until then, this chop continues.
