[Coin World] BTC caught the market off guard today — the price experienced a flash crash, dropping to a low of $87,000.
This wave of decline came quickly and violently, and many friends who just entered the market probably haven't reacted before getting trapped. The market's panic sentiment is spreading, and a large number of long stop-loss orders have been triggered, resulting in a huge trading volume in a short period.
However, speaking of which, such drastic fluctuations are not new in the crypto market. Experienced investors know that opportunities often follow a sharp drop; the key is whether you dare to catch the falling knife.
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MEVHunter_9000
· 12-01 04:04
Here we go again, I've seen through the tricks of this group in the crypto world that is all about dumping.
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DaoGovernanceOfficer
· 12-01 02:00
empirically speaking, the liquidation cascade we're witnessing here follows textbook market microstructure patterns—leverage positions getting wiped out en masse. data from on-chain analytics would tell us exactly what the real forced sellers were, but instead we get headlines about "panic." classic decentralization theater when it comes to price discovery, tbh.
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StableNomad
· 12-01 01:49
ngl, statistically speaking this dump reminds me of UST in May—absolute bloodbath but the smart money was already positioning. 87k looks juicy on the risk-adjusted returns chart, actually
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SmartContractPlumber
· 12-01 01:46
Before catching a falling knife, check if the contract has any vulnerabilities; don't blame the market when you get squeezed by MEV.
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MEVictim
· 12-01 01:43
Again played people for suckers, this is the daily life of crypto.
BTC flash crash to $87,000, long positions caught off guard.
[Coin World] BTC caught the market off guard today — the price experienced a flash crash, dropping to a low of $87,000.
This wave of decline came quickly and violently, and many friends who just entered the market probably haven't reacted before getting trapped. The market's panic sentiment is spreading, and a large number of long stop-loss orders have been triggered, resulting in a huge trading volume in a short period.
However, speaking of which, such drastic fluctuations are not new in the crypto market. Experienced investors know that opportunities often follow a sharp drop; the key is whether you dare to catch the falling knife.