A terrifying weekend night! $1.8 billion wiped out, a whale liquidated 7 times in 10 hours—should retail traders buy the dip?
$1.8 billion in liquidations across the market this weekend, 90% of them long positions! BTC plunged straight through $65,000, triggering a cascade of forced liquidations. Even a whale got liquidated 7 times in 10 hours, while SOL took an even nastier 10% hit. My strategy for now: don’t chase shorts or buy the dip. Wait for things to stabilize around $62,000, then scale in with small positions. If it breaks below $61,000, cut losses immediately. If the rebound can’t reclaim $65,000, treat it as resistance.
Have you reduced your high leverage yet? How low do you think this drop has to go before we hit bottom? Come share your thoughts in the comments!
$ZEC $PEPE $SOL #加息预期仍强，FOMC纪要会否再添鹰派信号？ #美国现货XRPETF周流出创8个月新高
$1.8 billion in liquidations across the market this weekend, 90% of them long positions! BTC plunged straight through $65,000, triggering a cascade of forced liquidations. Even a whale got liquidated 7 times in 10 hours, while SOL took an even nastier 10% hit. My strategy for now: don’t chase shorts or buy the dip. Wait for things to stabilize around $62,000, then scale in with small positions. If it breaks below $61,000, cut losses immediately. If the rebound can’t reclaim $65,000, treat it as resistance.
Have you reduced your high leverage yet? How low do you think this drop has to go before we hit bottom? Come share your thoughts in the comments!
$ZEC $PEPE $SOL #加息预期仍强，FOMC纪要会否再添鹰派信号？ #美国现货XRPETF周流出创8个月新高
