max pain is at 90k probably
Bad for those dudes
I feel their pain
Majority of large shorts are hedges against long positions
disgusting
yang gang
Why did i not just long from 30k
Lmao
its fine you can still long from 180k-250k
maybe a tiny bit but no significant moves will occur in alts until bitcoin is done with whatever its doing
its just gunna bounce off 3900 again if it even gets that high
I dont know btc could take a breather and push eth to liq some shorts then back to btc. Eth didnt push at all today and btc is cooling off
look at what happens to alts historically as btc pumps
they all stay stable or bleed
alts only go on massive pumps when the price of bitcoin is rangebound for multiple weeks straight
Im aware.
Im just looking at whats happening now
Eth is set up to run while btc bowing down
if btc does bow down eth will fall at an even quicker rate
Eth didnt push whole day. So i disagree
If eth flowed btc yeah. But it just stood still.