Total long liquidations could hit a massive $5.72B if $BTC drops to $81,350. The market is absolutely flooded with longs right now.
I'm as bullish as it gets on the macro, but let's be real. The market is not a charity. There is zero chance it passes up the opportunity to liquidate $5.7 billion in easy money. The liquidity grab is right there.
So, I've opened a short-term short. Low leverage, but a solid size. I'm not here to fight the game, I'm here to front-run the flush.
Don't get caught in the crossfire.
I'm as bullish as it gets on the macro, but let's be real. The market is not a charity. There is zero chance it passes up the opportunity to liquidate $5.7 billion in easy money. The liquidity grab is right there.
So, I've opened a short-term short. Low leverage, but a solid size. I'm not here to fight the game, I'm here to front-run the flush.
Don't get caught in the crossfire.
