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So the equity bounce after the open turned out to be a short squeeze.
Now the market is rolling over again, with around $1.6 trillion in market cap wiped out over the last 3 hours.
Crypto also got hit.
Total liquidations have already reached $450 million today, and BTC is still not showing the kind of strength bulls wanted to see.
Risk-off is back on the table.
#s&p500
$S