📋 Data: Binance futures liquidations totaled $6.6 million over the past 4 hours | Longs accounted for 86.6% | $ETH ranked first
· Definition: When a large number of long positions are liquidated, it adds further selling pressure. When a large number of short positions are liquidated, it brings additional buying. This is how cascading liquidations intensify volatility.
· How to read it: Using less leverage, keeping more margin, and setting stop-losses in advance are among the most common ways to reduce the risk of liquidation.
Several indicators corroborating one another is more reliable than looking at just one, but even multiple indicators cannot provide a definite conclusion.
#ETH
Don't treat this as a buy or sell signal.
· Definition: When a large number of long positions are liquidated, it adds further selling pressure. When a large number of short positions are liquidated, it brings additional buying. This is how cascading liquidations intensify volatility.
· How to read it: Using less leverage, keeping more margin, and setting stop-losses in advance are among the most common ways to reduce the risk of liquidation.
Several indicators corroborating one another is more reliable than looking at just one, but even multiple indicators cannot provide a definite conclusion.
#ETH
Don't treat this as a buy or sell signal.