Crypto market is not forgiving dip buyers right now 😭
Everyone keeps saying buy the dip but the market keeps liquidating the buyers first
Around $448M in positions were liquidated on November 10 with longs accounting for roughly 90% of the damage
And the previous 24 hours were even worse with liquidations exceeding $1.1B
This is why I'm not rushing into every dip
I'd rather wait for BTC to show some strength before taking fresh longs
Catching the bottom feels good but protecting capital matters more
Are we close to a market reset or is more downside coming? 👀
$BTC #Bitcoin #Crypto #DYOR
Everyone keeps saying buy the dip but the market keeps liquidating the buyers first
Around $448M in positions were liquidated on November 10 with longs accounting for roughly 90% of the damage
And the previous 24 hours were even worse with liquidations exceeding $1.1B
This is why I'm not rushing into every dip
I'd rather wait for BTC to show some strength before taking fresh longs
Catching the bottom feels good but protecting capital matters more
Are we close to a market reset or is more downside coming? 👀
$BTC #Bitcoin #Crypto #DYOR
