🚨Mass liquidation, over 1 000 000 000 USD liquidated in the last 24 hours 🚨
Over 1 bln USD liquidated just in long positions.
Market turned to bloody mass and traders positions closed in loss.
How to avoid? Read the below tactic and tell me if you find it useful:
You have $100,000 in spot BTC. You open a $10,000 short position with 10x leverage. Your Short position now equals $100,000, the same amount as your spot holdings.
This gives you a 100% hedge ratio, effectively protecting both sides during highly uncertain times. If, for any reason, your $10,000 short gets liquidated due to a 10% price increase, calculate the result on your spot bag: the spot position gained $10,000 while the short lost $10,000. Net result? Break-even. You played it perfectly and now have time to decide your next move.