In the past 24 hours, a staggering $539 million in liquidations occurred, with $481 million coming from long positions and $58 million from short positions This extreme market volatility has led to substantial losses for both bulls and bears, emphasizing the unpredictable nature of trading. It’s a reminder for traders to remain vigilant and practice effective risk management in such conditions. Despite the setbacks on both sides, those who can accurately anticipate the market’s next move may find promising opportunities to profit from price fluctuations.
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