#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.