Heavy short leverage around this level, could get volatile fast
EggMedical3514 on
Nobody cares
-sashimix- on
98-103k then mega short!!! Go to 74k
soundssarcastic on
Ok. Gamblers lose
ROUCHBEN on
Shorts look crowded up there, but liquidity levels don’t mean instant pumps. Market still needs a catalyst/ otherwise price can just range and frustrate everyone.
Pal3-Assignment on
Short positions are very safe at this time
JuxtaposeLife on
Why leveraged traders continue to just burn their money (both long and short) is beyond me. Bitcoin is so illiquid right now that it doesn’t take a very large whale to liquidate both directions here and collect a free lunch.
Winston_Sm on
I look at the 7d chart and find it hard to see any rally here
8 Comments
Heavy short leverage around this level, could get volatile fast
Nobody cares
98-103k then mega short!!! Go to 74k
Ok. Gamblers lose
Shorts look crowded up there, but liquidity levels don’t mean instant pumps. Market still needs a catalyst/ otherwise price can just range and frustrate everyone.
Short positions are very safe at this time
Why leveraged traders continue to just burn their money (both long and short) is beyond me. Bitcoin is so illiquid right now that it doesn’t take a very large whale to liquidate both directions here and collect a free lunch.
I look at the 7d chart and find it hard to see any rally here