Traders Reluctant to Re-Enter After Flash Crash
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Following Trump’s 100% tariff announcement, traders appear unwilling to re-enter risk after massive liquidations.
Cointelegraph’s Ray Salmond told Schwab Network:
“There’s a liquidity pocket of long positions that are being exploited… from $120K to $113K, with bids stacked from $115K down to $110K.”Heatmaps also show leveraged longs vulnerable near $98.6K, suggesting more volatility ahead.