In fact, the weekend's drop was painful for everyone who holds spot altcoins. This review could have been left out and just posted a meme with a crying cat ( Let's get to work!
1.The accurate analytics will appear later, but the founder of ByBit says that 2 billion positions were liquidated on his exchange , and he estimates the total liquidations at 10 billion over the weekend! 2.The drop since Friday was 37% in coins, excluding the top 10. 3.Most of the coins have updated their ATLs against Bitcoin. 4. In terms of volume, we see a pattern of complete absorption of sales. This can be used for swing longs for the next few days, or for long-term positions until the summer. The market is a tough place, but only those who manage risks and discipline make money on it!
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