Both shorts and longs are getting rekt now.

In the past 24 hours, BTC has pumped to $105K and then dumped to $103K.

After that, it pumped again to $107K and then dumped to $103K.

This has resulted in nearly $422M in long liquidations and $226M in short liquidations.

Market makers are trying to rekt both sides, which means this week is going to be very volatile.