@d12321 18 August 2023

The fall of Bitcoin to the $25,200 region led to the liquidation of a huge number of traders. In just one day, positions were liquidated for more than $1 billion, the vast majority of them were long positions. I have warned many times lately to be careful with futures. Shaved chic, do not say anything. Also interesting is the fact that now there are powerful sales of military-technical cooperation with minus short-term hodlers, and they are bought, of course, by long-term hodlers (Glassnode). According to Santiment, “buy the dip” moods are now actively growing, the crowd is trying to urgently buy the bottom before a new uptrend. But as you know, who bought the bottom - the second as a gift. Therefore, it is important to lay a high probability of a continuation of the fall before buying.