We continue to drink valerian, although I recommend champagne!😉
In the last 24 hours, the crypto market has turned red😅 More than $750 million have been liquidated, of which $380 million — in 4 hours! Almost 200 thousand traders caught a 'margin call from fate', and one poor soul on OKX lost $12.74 million on BTCUSDT 😬
$660 million are in long positions, so the market punished optimists especially harshly. The culprits are the expiring options on $BTC and $ETH worth $11.6 billion. It was time to defuse these bombs, but no — they ticked and exploded 🎇
For dessert — inflation in the USA: expected at 2.2%, which is a bit calmer than before, but still nerve-wracking. PCE also promises to be 'flat', but traders have already taken positions ahead of the data release, as if they are waiting for the announcement of the winner of the show 'Who Wants to Be a Crypto Millionaire?' 🎤
So while the market shakes like a subway without handrails — hold on tight and don’t open 100x leverage 😄📊
