Yesterday's leverage flush was the first of the current cycle, but definitely not the last. As a longtime trader, I've begun to appreciate these types of moves. It was hard to see this one coming, especially considering it had been so long since Bitcoin has had a similar move (since 2021), and can be pretty difficult to navigate for the average trader. On the other hand, this is also a great opportunity to get into positions with great entry prices. Historically, the bottom of these liquidation events is not touched until the bear market. Just pointing out past precedent, this is not financial advice!
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