Hello. The current price drop event is entirely about eliminating those who engage in leveraged trading.
During the day, the price spread has increased significantly. You make a trade thinking it will rise, and suddenly there is a drop. You make a trade thinking it will fall, and suddenly it rises.
Those who hold on will get through this loss with minimal damage if they wait patiently. Perhaps they will even make a profit.
This process occurs periodically according to the volume of money within leveraged trading.
Once the available funds are depleted, the rise will begin again.
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