What just happened feels like a complete reset in crypto.
The market has been completely drained — every large long position has been liquidated, wiping out billions in futures contracts. It's hard to believe, but even some spot traders got caught in the storm, witnessing their portfolios vanish in minutes.
$BTC
It’s brutal and painful, no doubt. But maybe — just maybe — this complete wipeout sets the stage for something big, like the calm before a parabolic rise. Or maybe this is just another brutal phase in the natural boom and bust rhythm of crypto.