๐จ๐ฅ LIQUIDATIONS ARE SURGING ACROSS $BTC & ALTS! ๐๐ฅ๐ฐ
Since last night, #Bitcoin has climbed by around $3,000 ๐๐ โ and that relatively small move has triggered a BIG wave of liquidations! ๐ณ
๐ฅ Nearly $4 00 MILLION in positions have been liquidated โ almost half a billion dollars! ๐คฏ๐ธ
Thatโs a huge signal that there are still plenty of traders betting on the downside. ๐ป๐
And hereโs the interesting part ๐๐
Every small dip followed by a quick recovery is triggering massive short liquidations! ๐ฅ๐ฅ
Iโm still leaning toward an uptrend ๐, but as long as short positions remain heavily crowded, we could continue seeing aggressive liquidation moves. โก๐ฐ
The market may keep squeezing shorts one by oneโฆ ๐๐ปโก๏ธ๐
๐ฅ What do you think โ more short squeezes coming, or is another pullback ahead? ๐๐ง
โ ๏ธ DYOR. Crypto is highly volatile. Manage your risk carefully.
.
Since last night, #Bitcoin has climbed by around $3,000 ๐๐ โ and that relatively small move has triggered a BIG wave of liquidations! ๐ณ
๐ฅ Nearly $4 00 MILLION in positions have been liquidated โ almost half a billion dollars! ๐คฏ๐ธ
Thatโs a huge signal that there are still plenty of traders betting on the downside. ๐ป๐
And hereโs the interesting part ๐๐
Every small dip followed by a quick recovery is triggering massive short liquidations! ๐ฅ๐ฅ
Iโm still leaning toward an uptrend ๐, but as long as short positions remain heavily crowded, we could continue seeing aggressive liquidation moves. โก๐ฐ
The market may keep squeezing shorts one by oneโฆ ๐๐ปโก๏ธ๐
๐ฅ What do you think โ more short squeezes coming, or is another pullback ahead? ๐๐ง
โ ๏ธ DYOR. Crypto is highly volatile. Manage your risk carefully.
.