$BTC and $ETH are taking a hit today.
Around $237M in longs have been liquidated in the last hour, with a large options expiry coming up over the next two days.
On top of that, geopolitical tensions are still in focus, with Iran’s President saying the country wants nuclear energy, not a nuclear bomb, while also saying Iran isn’t afraid of fighting.
A lot going on at once.
I’m watching the liquidation levels, options expiry and how BTC reacts from here before making any move.
Around $237M in longs have been liquidated in the last hour, with a large options expiry coming up over the next two days.
On top of that, geopolitical tensions are still in focus, with Iran’s President saying the country wants nuclear energy, not a nuclear bomb, while also saying Iran isn’t afraid of fighting.
A lot going on at once.
I’m watching the liquidation levels, options expiry and how BTC reacts from here before making any move.
