everyone thinks the easiest trade during choppy price action is to short the resistance, but actually most leverage junkies just end up donating their entire stack to market makers. watching your stop loss get blown out while funding rates flip against you is the fastest way to turn a clean setup into pure portfolio destruction.
just look at the carnage over the last 24 hours ser. we just witnessed over $1 billion wiped off the books across the market, and ngl the bears took the brunt of the hit with roughly $840 million in liquidated short positions alone.
heavyweights $BTC and $ETH drove the bulk of these forced buy-ins as sudden volatility caught late shorters completely off guard. leverage is great until liquidity hunts your margin to zero in minutes.
did you get caught in that squeeze or were you sitting on spot?
#CryptoLiquidation #Bitcoin #Ethereum
just look at the carnage over the last 24 hours ser. we just witnessed over $1 billion wiped off the books across the market, and ngl the bears took the brunt of the hit with roughly $840 million in liquidated short positions alone.
heavyweights $BTC and $ETH drove the bulk of these forced buy-ins as sudden volatility caught late shorters completely off guard. leverage is great until liquidity hunts your margin to zero in minutes.
did you get caught in that squeeze or were you sitting on spot?
#CryptoLiquidation #Bitcoin #Ethereum
