From 10.23 to 2.85, the market maker wiped out both the sentiment and the leverage.

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CryptoSat
$TRADOOR -70% CRASH in 1 hour ๐Ÿ’ฃ
Top Liquidation Leaders (1H)
๐Ÿฅ‡ $BTC โ†’ $5.77M
๐Ÿฅˆ $TRADOOR โ†’ $1.24M
๐Ÿฅ‰ $APE โ†’ $438K
#TRADOOR just pulled a full round-trip destruction move
From $10.23 โ†’ $2.85 in 1 hourโ€ฆ
Thatโ€™s not a correction โ€” thatโ€™s a liquidity execution
What really happened here:
โ€ข ATH hype on 22nd โ†’ trapped late buyers
โ€ข First drop to $6.8 โ†’ weak hands shaken
โ€ข Bounce โ†’ created false confidence
โ€ข Todayโ€™s spike โ†’ liquidity grab
โ€ข Thenโ€ฆ instant collapse
๐Ÿ˜Š Classic pump โ†’ distribution โ†’ dump cycle
Current structure:
โ€ข No strong support until $2 โ†’ $1 zone
โ€ข RSI completely reset
โ€ข Order book showing sell-side dominance
๐Ÿ‘‰ This is not dip buying territory yetโ€ฆ this is falling knife phase
Late longs got trapped.
Momentum flipped brutally.
Now itโ€™s simple โ€”
Either dead cat bounceโ€ฆ or deeper bleed incoming.
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