Early bird gets the worm. This was super quick drop - even small time frames were bleeding out. SPY Futures tanked and hit down limit circuit breaker at 5% ON THE OPEN...LOL When people need liquidity for margin...they gotta sell something.
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Trade closed manually
Looks like we may experience a total market selloff with panic selling affecting every financial instrument.
I do not recommend being totally out in case things turn. I do recommend reducing position size considerably (70-90% or greater).
If DJI goes to 18K or 13K ,then bleeding will most likely continue with BTC and GBTC
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