🚨 $1 Billion Liquidated in 24 Hours! What Really Happened?
💣 Latest data from CoinGlass:
$1.02 billion positions were liquidated in a day, including $856.66 million long positions.
Bitcoin ($BTC ) fell 3.36% to $97,350, back below the psychological $100,000 level. 👇🏼
📊 Crypto Scenario Statistics:
9 pullbacks occurred during the last 16-month bull run, but all were followed by new highs.
The big drop on December 5 wiped out $300 million in minutes.
On December 10, over $1.7 billion was lost in 24 hours!
🧠 Analysts say:
Pav Hundal: "This is just short-term anxiety."
Caleb Franzen: "Volatility is part of the bull run. Fasten your seat belts!"
Fred Krueger: "Leverage is the quickest way to lose it all."
💡 Strategy Amid Volatility:
1️⃣ Avoid excessive leverage.
2️⃣ Focus on the long bias.
3️⃣ Take advantage of corrections to add to positions at strategic levels.
➡️ Is this a buying opportunity or a sign to be cautious? Discuss in the comments!