Market just got brutal again.

In the last 24 hours, more than $2.58B worth of positions were liquidated, and the shocking part is — longs got completely destroyed.
Out of this, around $2.42B came from long positions, while shorts lost only about $163M.

Even in the last hour, we saw fresh liquidations, showing that the market is still unstable and traders are getting trapped on both sides.

This clearly shows one thing:
Most traders were too bullish, and the market punished over-leverage again.

When longs dominate like this, it usually means the market is resetting before the next big move.
Smart money survives. Overconfident money gets wiped.

Are we close to the bottom… or is another shakeout coming? 👀