As expected .. the infamous pre-CNY dips ... looks like the start of the New Year 2022 is opening up in reds. The amount of liquidation on exchanges are insane over the past 24 hours.
Over just 4 hours from this post .. its about 810 Million in total being REKT on all the exchanges doing derivatives and it keeps growing as the markets just keeps on dipping. Will we see an end to this ??? My guess is that we would see a push only towards the end of the month however thats just my opinions alone.
Trade safely all !! Cheers !!!!
And HAPPY NEW YEAR !!!
