BTC ETH The massive liquidation on October 11th is different from previous long liquidations. Its impact on the crypto space will take some time to become apparent, and it will require a very long period—at least three months, or even up to half a year—to restore market sentiment. Most retail investors have had their capital wiped out, and many institutions and big players have suffered heavy losses. Market liquidity will worsen, and rapid spikes and drops without volume will become increasingly common. It takes time for failed traders to rebuild their capital and regain trading confidence. So, the upcoming market trend will likely be a prolonged period of slow declines and consolidation, rather than the sharp rebound to new all-time highs we’ve seen after previous large-scale long liquidations.