Crypto manipulation is still going strong.
30 minutes before the US futures opened, Bitcoin and ETH took a nosedive in a quick move, liquidating $32 million in longs.
Then, as soon as the US futures opened, both $BTC and $ETH quickly bounced back above the drop level and liquidated $8 million in shorts.
This is a classic weekend move with low liquidity to hunt down leveraged traders.
Stay safe!
30 minutes before the US futures opened, Bitcoin and ETH took a nosedive in a quick move, liquidating $32 million in longs.
Then, as soon as the US futures opened, both $BTC and $ETH quickly bounced back above the drop level and liquidated $8 million in shorts.
This is a classic weekend move with low liquidity to hunt down leveraged traders.
Stay safe!