📌Why is #Crypto #Pumping the pas 24hrs!?
✅ Reason is “Liquidated Short Positions” , basically when the CFTC news came out a lot of you guys will have shorted the market, assuming it would go lower. However that recent pump has wiped out a lot of those short positions, forcing those traders to go back into the market and buy the assets they shorted.
📌Why is #Crypto #Pumping the pas 24hrs!? ✅ Reason is “Liquidated Short Positions” , basically when the CFTC news came out a lot of you guys will have shorted the market, assuming it would go lower. However that recent pump has wiped out a lot of those short positions, forcing those traders to go back into the market and buy the assets they shorted.