Bitcoin Whipsaw: $1,800 Dump, $1,400 Pump in Minutes
Bitcoin once again demonstrated its extreme volatility when the price dropped nearly $1,800 within just 90 minutes, triggering the liquidation of approximately $80 million worth of long positions. This sudden move caught many leveraged traders off guard, as the market swept liquidity on the downside without giving much time to react. Such sharp drops are often driven by large players targeting over-leveraged positions, which leads to panic selling and a chain reaction of liquidations. However, the move did not end there. Shortly after the dump, Bitcoin staged a strong rebound of around $1,400 in only 15 minutes, wiping out nearly $20 million worth of short positions. This rapid reversal clearly shows how the market is hunting leverage on both sides, trapping traders who are positioned too aggressively in either direction. These fast and violent swings are a classic example of leverage hunting in the crypto market. This price action highlights an important lesson: excessive leverage in crypto trading can be extremely dangerous. Even relatively small price movements can result in significant losses or complete account wipeouts when leverage is high. Experienced traders tend to focus on strict risk management, lower leverage, and well-placed stop losses, especially during periods of heightened uncertainty. Overall, the recent Bitcoin movement suggests that while the broader market structure may still be strong, short-term price action remains highly aggressive and unpredictable. Emotional trading in such conditions can be costly, whereas disciplined and patient traders may find opportunities within this volatility.
$Cardano (ADA) nadále obchoduje v rámci prodloužené korekční fáze, která trvá déle, než mnoho účastníků trhu původně předpokládalo. Tato prodloužená korekce naznačuje, že kupci zatím nejsou plně zavázáni, a trh je stále ve fázi konsolidace namísto rozšíření. Takové chování je typické pro zrejmé trhy, kde cena potřebuje další čas, aby vytvořila pevnou základnu před dalším směrovým posunem.
Struktura trhu: Složitá dvojnásobná korekce
Z hlediska struktury vypadá ADA, že tvoří složitý dvojnásobný korekční vzor. V termínech Elliott Wave se tento strukturální vzor skládá ze dvou korekčních formací spojených X-vlnou, což je běžný znak během prodloužené konsolidace.