Talk about a flash crash. It went from nearly 0.15 down to 0.0434 in what felt like seconds. That’s pure liquidation action. Now, we're consolidating in this tiny range around 0.062, which is normal after a move that big. It's trying to build a base. The high volume shows there's still a lot of interest, but sellers clearly took control. I'm not touching this until it shows a clear pattern, either a break above 0.07 or a drop back to retest that low. Extreme volatility is a great way to lose money fast. Stay safe out there.
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Wait, did everyone see that candle on $BDXN ?
Talk about a flash crash. It went from nearly 0.15 down to 0.0434 in what felt like seconds. That’s pure liquidation action.
Now, we're consolidating in this tiny range around 0.062, which is normal after a move that big. It's trying to build a base.
The high volume shows there's still a lot of interest, but sellers clearly took control. I'm not touching this until it shows a clear pattern, either a break above 0.07 or a drop back to retest that low.
Extreme volatility is a great way to lose money fast. Stay safe out there.
#BDXN #CFTCPushesForLeveragedCryptoTrading