The expectation of interest rate cuts is gone, yet a considerable portion of the market is still shouting about bottom-fishing. Are they buying with their mouths?
$840 million in long liquidations in 24H. If the market makers don't liquidate the long positions above, how can it rebound? A short-term rebound is a short, and for long positions, it is estimated that the main position has been entered. The second position for adding to the position is looking at 75000. In this situation, even the yellow-haired traders' calls may not stop the decline! #BTC #ETH
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The market makers are all rug pulling.
The expectation of interest rate cuts is gone, yet a considerable portion of the market is still shouting about bottom-fishing. Are they buying with their mouths?
$840 million in long liquidations in 24H. If the market makers don't liquidate the long positions above, how can it rebound? A short-term rebound is a short, and for long positions, it is estimated that the main position has been entered. The second position for adding to the position is looking at 75000. In this situation, even the yellow-haired traders' calls may not stop the decline! #BTC #ETH