Q: Data: Over the past 24 hours, liquidations across the entire market totaled $464 million, including $269 million in long positions and $194 million in short positions. What impact will this have on the market?
A: It’s somewhat negative, but sentiment is often amplified. Ultimately, price and volume determine the direction. $BTC Current price: 78448. Don’t rush to conclusions before it holds above a key level.
No guarantee I’m right—make your own judgment.
A: It’s somewhat negative, but sentiment is often amplified. Ultimately, price and volume determine the direction. $BTC Current price: 78448. Don’t rush to conclusions before it holds above a key level.
No guarantee I’m right—make your own judgment.