Those who shorted last month felt great, but last night they suffered badly.


Non-farm payrolls added only 57k people, half of expectations.
Rate hike? Gone.
281 million in short positions liquidated within 24 hours, twice the amount of long liquidations.
ETF inflows of 221 million, ten consecutive days of bleeding, stopped overnight, the largest single-day in two months.
$BTC at 62k, a two-week high, climbing out of the 58k pit in just three days.
A month ago, shorts were showing off profits; last night, shorts became fuel.

This market has only one rule: whichever side has more people, shake them off.
Last month, it shook off the longs; last night, it shook off the shorts.

Who's next?
BTC1.89%
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