#Liquidations #SwingTradingStrategy

In the last 24 hours, more than 83,500 traders were liquidated, resulting in a whopping $225.28 million loss! 💸📉

This is what's happening:

Sharp price movements and extreme market volatility are indicated by the enormous wave of liquidations.

As traders were caught in the middle, many leveraged positions were destroyed.

A market reset is frequently signaled by this type of shakeout, which removes the weak players.

What this implies for you:

1️⃣ As stronger hands enter the market following significant liquidations, prices frequently rise again.
2️⃣ Expect more sharp fluctuations in the near future; volatility is far from gone.
3️⃣ Novice traders should exercise caution: always place stop losses and use little leverage.
4️⃣ Astute investors can view this as an opportunity to increase their holdings or buy in at a discount.