Many see the liquidations at $1.7 billion as the end of the world. In reality, it's a cleansing‼️
Longs were overfilled.🔥🔥🔥
Funding was off the charts.💯💯💯
Everyone was waiting for "only up". The market simply washed out weak hands and excess leverage.
Now the price doesn't struggle against the crowd of overloaded positions with every attempt to rise. Structurally, we have only become healthier!
$BTC $BNB $XRP