BCH Long Liquidated — Leverage Risk and Bearish Momentum
I had a long on Bitcoin Cash (BCH) that was liquidated. My average entry was 620.48 with a total exposure of $100,443, and the position was managed by bots at @bpay_group.
The liquidation underscores that the market moved sharply against leveraged longs and that stop-hunts or rapid downside momentum occurred.
I'll avoid re-entering on leverage, tighten risk controls, and wait for clear stabilization before considering a new long.
Analysis
The liquidation indicates significant downside pressure on Bitcoin Cash and the dangers of leveraged bot-driven positions; price action likely invalidated stop levels and created rapid losses.
Recommendation
Do not re-enter with leverage. Reduce exposure, wait for consolidation or bullish confirmation, and manage stops more conservatively.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.