The liquidations when we spiked to 54780, id say we are comi | DataDrivenCEO on Binance Square

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The liquidations when we spiked to 54780, id say we are coming close to MAXPAIN / serious squeeze #btc #margin #futures #liquidations $BTC 

4,8m 4,7m, OUCH!👍

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When greed is this high you should be afraid. Keep an eye at liquidation heatmaps and make you are not in the middle of a pack that soon might get smoked! Stay far away from the herd and use stop losses! Don't be the bulltard that lost his life changing gains!

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Here's the 10 most important lessons I've distilled from that mess, straight up, no chaser: Technical Analysis is King: Almost every damn link screams about charts, patterns, indicators. You gotta understand that shit if you wanna make bank in this game. Forget the fundamentals, it's all about reading the damn tea leaves. Risk Management is Your Bible: Don't be a degenerate gambler. Set stop-losses, manage your position size, and don't go all-in on some shitcoin just because your favorite YouTuber told you to. Protect your capital, or you'll be left holding the bag. Emotions are Your Enemy: Fear and greed will fuck you up faster than a rug pull. Stay disciplined, stick to your plan, and don't let your emotions cloud your judgment. Information is Power: The crypto space moves at warp speed. Stay informed, read the news, follow the trends. If you're lagging behind, you're gonna get left in the dust. Community is Key: Connect with other traders, share ideas, learn from their mistakes. There's a whole ecosystem out there, and you're not alone in this jungle. Security is Paramount: Don't be a dumbass and lose your coins to some phishing scam or a shitty exchange hack. Use strong passwords, enable 2FA, and store your crypto securely. This ain't your grandma's savings account. Diversification is Your Friend: Don't put all your eggs in one basket. Spread your risk across different coins, different platforms, different strategies. That way, if one thing goes tits up, you won't lose everything. Patience is a Virtue: Crypto is volatile as hell. Don't expect to get rich quick. Be patient, wait for the right opportunities, and don't chase pumps. The market will reward those who can hold their nerve. Learn from Your Mistakes: You're gonna fuck up. Everyone does. The key is to learn from your mistakes, adapt your strategy, and come back stronger. This is a marathon, not a sprint. There you have it. 10 commandments for crypto survival, straight from the horse's mouth. Now go out there and make some goddamn money. $BTC

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$BTC 🚨 Crypto Community Alert: BlockTower Capital Hacked! 🚨 What Happened? BlockTower Capital, a major player with $1.7 billion in assets, faced a severe security breach. Hackers infiltrated their main hedge fund, leading to significant financial losses. Current Status: Blockchain experts are on the case, unraveling the hack’s mechanics. Communication: Partners have been briefed, but public statements remain on hold. Wider Implications: This incident adds to the alarming $1.7 billion stolen from crypto entities last year. It’s a stark reminder of the persistent security challenges in the crypto space. About BlockTower: Established in 2017, with roots in Miami and New York, BlockTower has backed industry giants like Dapper Labs and Sky Mavis. Not Their First Rodeo: Previously, BlockTower had to shut down a $100 million “market-neutral” fund amidst a strategy dry-up. Stay Vigilant! This hack underscores the importance of robust security measures and due diligence in the crypto world.

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$BTC 📈 Today’s Big Event: US CPI Data Release! 📉 Time: 12:30 PM UTC (6:00 PM IST) Forecasts Predict: Core CPI: Expected to rise by +0.30% in April, bringing the annual rate down to 3.6% from March’s 3.8%.Headline CPI: Anticipated increase of +0.37% in April, with the yearly rate potentially dropping to 3.4% from 3.5%. 🚨 Crypto Traders Alert! High volatility expected in #Bitcoin and #Crypto markets. 🚨 What’s your take on the upcoming US CPI 👍inflation figures? Previous: 3.5% Y/Y Estimate: 3.4% Y/Y ⚠️ Trade with Caution! Avoid overleveraging and ensure you have a robust strategy. Today’s data could heavily influence #FED decisions and sway market trends. ⚠️

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A Week Packed with Market-Moving Data! Prepare for a whirlwind week in the financial markets, as we anticipate a series of key events that could sway investor sentiment and market dynamics: Tuesday’s Spotlight: The release of the April Producer Price Index (PPI) Inflation data will provide insights into wholesale price trends, followed by a much-awaited speech from Federal Reserve Chair Jerome Powell. His remarks could hint at future monetary policy shifts. Midweek Market Movers: Wednesday brings us the Consumer Price Index (CPI) Inflation data for April, a critical gauge of consumer-level inflation. This will be coupled with the latest figures on Retail Sales, offering a snapshot of consumer spending health. Manufacturing and More: The Philadelphia Fed Manufacturing Index on Thursday will shed light on the manufacturing sector’s performance. Additionally, brace yourself for a packed schedule with a total of 12 Federal Reserve speaker events throughout the week. Stay tuned as we navigate through these pivotal developments, ready to analyze their implications for traders and investors alike. As always, stay safe my friends!

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