In the past 24 hours, over 102,000 people have been liquidated across the network, and the ratio of long to short positions is not that far apart. Long positions were liquidated for $140 million, while short positions were liquidated for $190 million.
According to the liquidation chart, it seems that once there is a pullback, the bulls will be in a bloodbath again. It shows that at a pullback of 103,355, there are $381 million worth of long positions being liquidated, and if it drops to 100,000, there will be $1.18 billion worth of long positions liquidated. Even if the price is pulled up to 110,000, only $596 million worth of short positions will be liquidated...
In a bull market, being bullish and going long is understandable, but it doesn’t mean you should blindly go long at any position. Good advice is hard to come by for the damned, and every day emphasizes risk control, yet there will always be a steady stream of naive investors charging forward blindly, getting harvested...#圣诞行情预测 $BTC
