Trader Flood shares Hyperliquid position: BTC 20x long position has an unrealized loss of over $370,000
Let’s look at both sides:
Bullish case: Bad news coming out could actually mean uncertainty is decreasing;
Bearish case: Sentiment has been affected, and short-term traders may be more cautious;
My take: Both sides have a point. Ultimately, it comes down to which way the price and trading volume at $BTC go.
$BTC is currently at 64,545.89, down 3.97% over 24 hours, with a 24-hour range of 62,006–67,523.05.
Let’s look at both sides:
Bullish case: Bad news coming out could actually mean uncertainty is decreasing;
Bearish case: Sentiment has been affected, and short-term traders may be more cautious;
My take: Both sides have a point. Ultimately, it comes down to which way the price and trading volume at $BTC go.
$BTC is currently at 64,545.89, down 3.97% over 24 hours, with a 24-hour range of 62,006–67,523.05.
