BTCUSDT Price Movement:

In the last 24 hours, Bitcoin (BTC) reached a high near 90,454 and dropped to a low around 87,051, currently trading close to 87,854. This shows a sharp decline after a brief pump, matching the scenario described in the post.

Volatility & Liquidation:

The price action was highly volatile, with a quick move up followed by a strong dump. Such volatility often leads to liquidations, especially for traders who entered long positions late or followed hype signals without proper risk management.

Key Takeaway for Traders:

Blindly following signals or hype can result in losses, as seen with the $55 million in liquidations. It’s crucial to have a strategy, know when to take profits, and avoid trading based on influencer lifestyle posts. Always learn before you earn.

If you want to learn more about trading strategies or risk management, consider joining educational sessions on Binance.