Strong liquidation (forced exit) radar
For data like this, first see who is the one being forced out.
$QNT on the long side has been cleared more clearly; the rebound isn’t impossible to consider, but you should first check whether, after the forced liquidation, there are new buy orders that step in.
$CRV on the long side has been cleared more heavily; first see whether there will be buy orders later to push the price back up.
$HYPE longs are exiting more passively; for the market to stabilize, subsequent active buying needs to reappear.
If, after the forced liquidation, the price continues to weaken, it suggests that the added sell pressure has absorbed the passive sell orders.
For data like this, first see who is the one being forced out.
$QNT on the long side has been cleared more clearly; the rebound isn’t impossible to consider, but you should first check whether, after the forced liquidation, there are new buy orders that step in.
$CRV on the long side has been cleared more heavily; first see whether there will be buy orders later to push the price back up.
$HYPE longs are exiting more passively; for the market to stabilize, subsequent active buying needs to reappear.
If, after the forced liquidation, the price continues to weaken, it suggests that the added sell pressure has absorbed the passive sell orders.
