Indicator Notes | $7.07 million in Binance futures liquidations over the past hour | Long positions accounted for 96.8% | $ETH ranked first
First, a definition: Liquidation (also called getting liquidated) is when losses on a leveraged position cause its margin to fall below the maintenance margin requirement, and the system automatically closes the position.
A couple of common terms: A “long squeeze” refers to a price drop triggering liquidations of long positions, with liquidation sell orders pushing prices down further. A “short squeeze” refers to a price rise forcing short positions to liquidate, with buybacks pushing prices up further.
It’s easy to learn how to read indicators. The hard part is still following your rules when the market is at its most extreme.
#ETH
First, a definition: Liquidation (also called getting liquidated) is when losses on a leveraged position cause its margin to fall below the maintenance margin requirement, and the system automatically closes the position.
A couple of common terms: A “long squeeze” refers to a price drop triggering liquidations of long positions, with liquidation sell orders pushing prices down further. A “short squeeze” refers to a price rise forcing short positions to liquidate, with buybacks pushing prices up further.
It’s easy to learn how to read indicators. The hard part is still following your rules when the market is at its most extreme.
#ETH