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#Gate广场圣诞送温暖 BTC In the past 24 hours, long positions were liquidated for 1.78 billion USD, and short positions were also liquidated for 128 million USD, totaling 1.91 billion USD evaporated.
Coinglass's data is very clear:
Liquidity is starting to pile up again on the upper side, a typical signal - the market will always run towards where there is more liquidity.
The current panic is only temporary.
Some people are cutting losses recklessly, but those who are truly patient are gradually accumulating chips, continuing to dollar-cost average as the price drops.
The bear market doesn't always fall; after a significant drop, there will still be rebounds. Stay calm.