GM $BTC 95k
🔹 Entering Uptrend means always pricing in all kinds of FUD, right guys? If at some point the market sentiment is hesitant or fearful, yesterday's event in South Korea could lead to deeper corrections.
🔸 This short-term correction has liquidated $625M in the past 24 hours, with most of it being long positions. However, the Buy The Dip force last night for altcoins was extremely strong, helping the market recover quite quickly.
🔹 Times like this in the market seem quite good for the long term, as it scares many retail investors into panic selling (spot) while liquidating high-leverage Futures positions. That’s why we have repeatedly urged everyone to hold their spot positions tightly and to limit the abuse of high leverage.
📈 $BNB has just created a new peak and Chinese coins are experiencing strong pump forces.
