《BTC surged and fell, hundreds of millions liquidated in hours!》
Yesterday, BTC once soared to $124,000, setting a historical high, and the sentiment across the network was boiling. But the peak didn't last long, and by evening, the price quickly fell back to $117,000. In just a few hours, both bulls and bears experienced massive liquidations, with the total liquidation amount reaching hundreds of millions of dollars!
This is a typical 'bull market spike' — when emotions run extremely high, the volatility is also amplified. Many chasing the highs were instantly killed by the sudden drop, while bears who increased their positions faced similar fates. In the crypto market, high volatility + high leverage = dancing on the edge of a knife, making money quickly but losing it even faster.
Did you avoid the spike last night, or were you taken down by it? #BTC #liquidation #crypto market #bull market spike