Hello! Are you going long on BTC and your liquidation is around 65k? Congratulations! You have found this post and now will deleverage to manage risk. Thank me later when you avoid getting wiped.
Longs are still good, but overleveraged longs will suffer. There is a very high chance of a correction to 65k.
I am still long, 5x. I mean, in this volatile market, long or short doesn't even matter, it's whether you gamble or actually trade. Both longs and shorts get liquidated in millions every day, regardless of the market movement.
All it takes is one huge zig zag to wipe out these pro gamblers. Don't be one of these gamblers.