📉 Bitcoin fell close to $63,320, triggering over $1.9 billion in liquidations within 24 hours.
📌 Long positions suffered $1.8 billion in liquidations, accounting for 93% of the total; $925 million was wiped out in the final 4 hours alone.
📌 The Fear & Greed Index plunged to 13, marking extreme fear and its first drop below 20 since early July.
Capital is fleeing leveraged positions, and defensive sentiment is taking hold, making it difficult for $BTC , $ETH and altcoins to rebound in the short term.
💬 Are you holding on to your long position or staying on the sidelines until the bottom is confirmed?
#Bitcoin #CryptoNews
🔗 Source: Crypto Briefing
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 Long positions suffered $1.8 billion in liquidations, accounting for 93% of the total; $925 million was wiped out in the final 4 hours alone.
📌 The Fear & Greed Index plunged to 13, marking extreme fear and its first drop below 20 since early July.
Capital is fleeing leveraged positions, and defensive sentiment is taking hold, making it difficult for $BTC , $ETH and altcoins to rebound in the short term.
💬 Are you holding on to your long position or staying on the sidelines until the bottom is confirmed?
#Bitcoin #CryptoNews
🔗 Source: Crypto Briefing
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
