The crypto market took a hit over the past day, with liquidations exceeding $874 million as U.S.-EU trade tensions ramped up. Bitcoin didn't escape the downturn—it dropped 3% during early Asian trading on Monday, sliding from $95,458 to a low of $92,508 in just hours. The pressure on major assets reflects growing concerns about macro headwinds, with traders pulling back positions ahead of potential trade policy shifts. Market volatility like this typically triggers cascade liquidations across leveraged positions, making it a critical moment to watch support and resistance levels closely.
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ZeroRushCaptain
· 8h ago
Another day, another round of halving. 870 million USD vanished into thin air, and my hard-earned money was in there too.
Bitcoin dropped from 95,000 to 92,000. Is this called a "small fluctuation"? That's exactly how I got trapped last time.
I've already understood the inverse indicator — I buy when it falls, I sell when it rises. That's the law of the universe.
Is it a trade war or just bad luck? I can't tell anymore.
Support levels and resistance levels are all bullshit. As long as I'm still in the game, I can't defend against anything.
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LiquidityWitch
· 8h ago
ngl the liquidation sacrifice was inevitable... 8.74 hundred million souls feeding the dark pools while macro demons whisper trade war spells. btc's little 3% dip? that's just the opening incantation tbh
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ProxyCollector
· 8h ago
870 million liquidation, hilarious, the leverage traders are forced to clear their positions again.
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CoinBasedThinking
· 8h ago
Here we go again, the old trick of leverage liquidation. Traders just can't seem to learn.
The crypto market took a hit over the past day, with liquidations exceeding $874 million as U.S.-EU trade tensions ramped up. Bitcoin didn't escape the downturn—it dropped 3% during early Asian trading on Monday, sliding from $95,458 to a low of $92,508 in just hours. The pressure on major assets reflects growing concerns about macro headwinds, with traders pulling back positions ahead of potential trade policy shifts. Market volatility like this typically triggers cascade liquidations across leveraged positions, making it a critical moment to watch support and resistance levels closely.