🔥 Today is the day the most long positions were liquidated since the collapse of FTX

BTC also dropped deeply to 54,000$ when Mt.GOX moved 2.6 billion $ , causing the market to sink deeply.

🔹 It may not be the bottom, but repeating history is not a problem that comes from such heavy FUD. After that, the cryptocurrency market also stabilized and had an ATH for the following year.

This is the data that we need to pay attention to when the market experiences short selling with much larger volumes. All come from fomo newbies and fry. Fund, MM they are still there, they are still negative. The effect leads to excessive negativity.