Today I didn't have much time to post, since things were hectic in the Office, with many people wanting to take advantage of the drop to increase their positions or new people wanting to create their Portfolios.
Because of this I didn't have much time to come here and post, but it's surprising to see that in 24 hours, 502,094 traders were liquidated, totaling more than US$$ 1.47 billion in cash!
Of course, the vast majority of these people were overleveraged and behind, but it's still very sad to see this in the market.
Tomorrow I'll post a video with thoughts on the market to support my friends here.
If you're long SPOT, just HOLD your coins and don't SELL them and no matter what they say in the crazy videos out there, just HOLD!
If you were liquidated in FUTURES, I'm sorry and I know it's a frustrating and sad feeling. I've been through this more times than I'd LIKE, but I know you'll START UP AGAIN, even stronger!
Unfortunately, as I've already said in analysis posts, these strong pullback events don't appear on the charts at the TIME and DAY, they just HAPPEN. I don't know how I could have helped, after all, there's no way to predict WHEN this will happen, only that it WILL happen at some point.
A big hug to each of you and no matter how sad the day is, I'll be here and be with you. Let's go together! ✊🏻🚀🫂