đš CRYPTO MARKET JUST GOT SHAKEN â ïž
After Bitcoin rallied toward $80K this week, the market suddenly faced a brutal volatility spike today.
đ„ Around $1.7 BILLION in leveraged positions were liquidated within 24 hours
đ More than $100B reportedly disappeared from total crypto market cap in minutes
⥠XRP, ETH, SOL and other major alts were hit hard during the sell-off
đ High leverage is once again proving how quickly the market can move
But hereâs the bigger question đ
Was this just a massive leverage flush before the next move⊠or the beginning of a deeper correction?
Smart traders donât chase candles.
They watch liquidity.
They watch volume.
And most importantly, they manage risk. đ§
#BTC #ETH #XRP #Write2Earn
@Carlo Walley
After Bitcoin rallied toward $80K this week, the market suddenly faced a brutal volatility spike today.
đ„ Around $1.7 BILLION in leveraged positions were liquidated within 24 hours
đ More than $100B reportedly disappeared from total crypto market cap in minutes
⥠XRP, ETH, SOL and other major alts were hit hard during the sell-off
đ High leverage is once again proving how quickly the market can move
But hereâs the bigger question đ
Was this just a massive leverage flush before the next move⊠or the beginning of a deeper correction?
Smart traders donât chase candles.
They watch liquidity.
They watch volume.
And most importantly, they manage risk. đ§
#BTC #ETH #XRP #Write2Earn
@Carlo Walley