ALPACA Air Force casualties everywhere! $4.88 million liquidated in 1 hour, blood flowing like a river!
April 26 news report:
In the past hour, ALPACA's liquidation scale reached $4.8843 million, broken down as follows:
Long positions liquidated $176,900
Short positions liquidated $4.7147 million
Clearly, the main liquidation was of short positions, with the bears being directly wiped out, the scene is quite tragic.
My observations & thoughts:
• This wave of liquidation storm is likely due to the bulls controlling the market and precisely harvesting the short positions.
• In the short term, ALPACA's bullish sentiment is dominant, but the market is moving too quickly, making it easy to overextend momentum.
