Can someone explain how this is in anyway bullish? How is this not just fuel for a mega dump when these longs get liquidated? When this peaks it marks the beginning of huge dumps?

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Anonymous Tue Apr 2 14:34:40 2024 No.58266662 [Reply] [Original]

Can someone explain how this is in anyway bullish? How is this not just fuel for a mega dump when these longs get liquidated? When this peaks it marks the beginning of huge dumps?

>>	Anonymous Tue Apr 2 14:38:10 2024 No.58266712 >>58266662 biggest longs of ETH peaked in July 2020 might take a year for link to explode, but yeah it's sky high

>>	Anonymous Tue Apr 2 14:52:22 2024 No.58266894 >>58266712 how does longs piling up not just provide more fuel for huge liquidations and dumping though? Just because eth had a lot of long interest in 2020 link will pump? thats the logic?

>>	Anonymous Tue Apr 2 15:17:56 2024 No.58267199 >>58266894 exchanges want to dump to grab all that money at the same time the whales that longed have an interest to keep the price above their liquidation point and so the markets goes back and forth

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