#CryptoComeback
#CryptoComeback A wave of liquidations hits the market!
As #Bitcoin approaches $100,000, the derivatives market has been shaken.
In the last 24 hours: 💸 $294.35 million in BTC contracts were liquidated.
🔻 Long position liquidations: $83.76 million
🔺 Short position annihilations: $210.59 million The sharp decline in short positions shows that bears were caught off guard: the momentum is clearly shifting bullish.
The pressure is real.