555 million dollars for liquidation Tsunami strikes the encryption market, Peter Brandt is participating in the “wonderful strategy”

24 harsh hours in the encryption market, not only for numbers. More than half a billion dollars eliminated in the liquidation – $ 555 million, precisely. This is not considered until Friday night, when things began to land.

Most of this liquidation? Long situations. No surprise there. The logic was simple: everything was rising, so it should continue to rise. Buy Dip, right? Well, not completely.

Bitcoin Immediate merchants may be used in this rhythm, but futures are telling a different story. Coinglass data – out of $ 555 million of liquidation, was only 68 million dollars. The rest? Caution caught. Bitcoin’s futures have witnessed $ 105 million, with amazing 90.4 % of those long.

But surprisingly, Bitcoin (BTC) The biggest loser was not here. The “other” category, where smaller cryptocurrencies fall, have achieved more success.

Now, merchants watch what will happen next. The stock market opens Monday, and it is likely to specify the tone. Traditional financing has not yet interacted, which means that more disorder may be at the forefront for encryption. The liquidation may not end.

“Great Strategy”

Then there Peter BrandtA name that carries weight in commercial circuits. He has been an old warrior since the 1970s, and has been shaken at the right moment with a note that dried up with ridicule.

It was called a “great strategy” to reduce the winners and allow the losers to run – a clear reflection of traditional wisdom. No dangerous trader works in this way, which makes his suspension less than advice and more than a pointless criticism of the last market behavior.

the Encryption The space in the reaction mode, with adaptation to the market that refuses to act expected. One thing is clear: the next few days will say a lot about whether this is just a process of switching-or the beginning of something bigger.