Strong liquidation and position-forced radar
For data like “strong liquidation/forced covering,” first look at who is being pushed out.
$ETH 15m The short liquidation is clearly higher than the long side—leveraged short positions are being forced to buy back.
$XRP The short liquidation amount has the upper hand, and the covering orders have already become part of the trades in this interval.
$BTC This segment is mainly shorts passively covering—don’t mistake the squeezed-out speed directly as a trend.
After liquidation ends, there may still be active buy orders; only then can the price continue to be pushed higher.
For data like “strong liquidation/forced covering,” first look at who is being pushed out.
$ETH 15m The short liquidation is clearly higher than the long side—leveraged short positions are being forced to buy back.
$XRP The short liquidation amount has the upper hand, and the covering orders have already become part of the trades in this interval.
$BTC This segment is mainly shorts passively covering—don’t mistake the squeezed-out speed directly as a trend.
After liquidation ends, there may still be active buy orders; only then can the price continue to be pushed higher.
