🚨 JUST IN:
💥 More than 500 million dollars in Long positions have been liquidated in the last 60 minutes!
📉 A massive wave of liquidations swept through the market in just one hour, causing a rapid decline and increased panic among traders.
This type of movement is often a point of interest for whales and market makers 🐋⚡, as leveraged positions are wiped out before any potential rebound.
👀 The question here:
Do we see this as a buy signal and a near reversal? Or do we still have another wave of selling ahead before stabilization?
Share your thoughts, is it time for patience and waiting for re-entry or is it better to stay away until the storm calms down? 🌪️