#BinanceAlphaAlert

A recent tweet from well-known Binance trader “Tree of Alpha” shows that he remains “firmly long” despite the unexpected turbulence in the cryptocurrency market. The sudden adjustment has wiped out about $100 billion in the global market value of cryptocurrencies and led to the liquidation of nearly $500 million worth of orders on derivatives trading platforms.

This extreme market volatility may deter some traders from participating in the market as it creates an unfavorable trading environment. However, Tree of Alpha continues to maintain a bullish stance even as most assets return to their pre-sell-off price ranges. (U.Today) #BTC