This morning $BTC officially surpassed ATH, the surge wave exploded strongly causing many people to begin to believe that: The uptrend is really coming very close. Now we just need one more factor, which is DOM decreasing, then the market is likely to soar extremely.

In the past few days, the market has been quite negative, everyone doubted the possibility of the market crashing. But just after last night until this morning, the sentiment has completely shifted. The atmosphere everywhere is cheerful, everyone is smiling because their portfolios have turned green again. It's just a pity for those playing Long - Short, especially the Short side, who suffered “reverse waves” losing nearly 1 billion dollars in just 24 hours.

Looking at the liquidation numbers is shocking:

👉1h Rekt: $21.85M

👉4h Rekt: $738.76M

👉12h Rekt: $978.69M

👉24h Rekt: $1.08B

Among them, Short accounts for a large part of the burned money.

The Long side also suffered losses but less, proving that this surge is too surprising and too strong.

The old story still holds true: the market always goes against the majority and plays with the psychology of traders. When everyone is pessimistic, it goes up, while when everyone is enthusiastic, it may not be safe.

Everyone should stay alert and always have a tight capital management plan.

#BTC