$BTC Short Liquidation Delta



SLD spiked to -10b less than 24 hours after a neutral FOMC meeting.

Buy the Rumor, Sell the News

Bears are firmly in control right now.

Long positions are unsafe until descending trendline is reclaimed.
BTC-2.68%
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GateUser-8ca669fd
· 2h ago
Classic buy the rumor, sell the news, but this time the sell-off was overdone.
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ContrarianIndicatorBonsai
· 2h ago
Wait for the trend line to recover before considering going long; rushing now is just giving away profits.
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Rain-SoakedGlassLeverage
· 2h ago
The neutral outcome in the FOMC still turned out like this; the market really has no confidence left.
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LookingAtTheCandlestickChart
· 2h ago
The short squeeze this time was brutal, sending -10 billion straight out.
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