In a bull market, there are many consolidations. Yesterday's wave of decline was a result of market manipulators using data to liquidate contracts.
In a bull market, the norm is to focus on consolidation and repair during the day, so the possibility of continued decline is slightly smaller.
Most retail investors holding onto their positions generally won't move, only contracts are easily harvested by the market. The main reason for the slow rise in a bull market is that the 'vehicle' (or market) is too heavy, which causes back-and-forth liquidations.
Yesterday's rapid decline resulted in 8.73 billion in long positions suffering heavy losses!!!
Focus for today: SKL JUV MEME SUN KAIA
