Almost $1 billion longs liquidated.

Week and monthly RSI could be more streched down with a capitulation red candle.
They are speed running the bear market for a total reset, short and heavy wrapped as the biggest bear trap ever.
This does feel a bit like when we hit 69 top…. Came down a bit 50k ish
Then the fast capitulation to 30k ish
Only there we had a bear market…
Here we just need to avoid a long stretch of down movement and just start going up again.
A rebound would feel like victory.