Brothers, the current situation in the cryptocurrency market is hellishly difficult to navigate. $BTC surged to around 104,000 yesterday and started to rebound, but did you think it was stable? Wrong! It dropped another 2,000 points, with long positions liquidating 450 million dollars; if it rebounds 2,000 points, short positions would be liquidated for 650 million! This isn't a market; it's a scene of human liquidation. In the past 24 hours, a total of 360 million dollars in liquidations across the network, mostly long positions. The recent market conditions have been too bizarre; it's advised not to open leverage carelessly unless you truly don't mind being turned into fireworks.
