$337M in crypto got liquidated in the last 24 hours, and shorts took the bigger side of it — $190M in short liquidations versus $147M in longs, per CoinGlass. That's notable because BTC was actually sliding this morning, down to $76.9K as the Fed's two-day meeting kicked off.
The order of events matters here: a squeeze ran through shorts first, then the reversal caught longs on the way back down. That's a market getting whipsawed in both directions inside 24 hours, which is exactly the kind of chop that wrecks over-leveraged positions on either side.
With the Fed decision landing tomorrow and thin volume heading into it, positioning risk is elevated regardless of which way you're leaning. Which side are you more worried about getting caught on?
#TokenBot #Bitcoin #TradingSignals $BTC $TBOT
The order of events matters here: a squeeze ran through shorts first, then the reversal caught longs on the way back down. That's a market getting whipsawed in both directions inside 24 hours, which is exactly the kind of chop that wrecks over-leveraged positions on either side.
With the Fed decision landing tomorrow and thin volume heading into it, positioning risk is elevated regardless of which way you're leaning. Which side are you more worried about getting caught on?
#TokenBot #Bitcoin #TradingSignals $BTC $TBOT
