Strong liquidation and thunder radar
For data like strong liquidation (forced liquidation), first see who is being forced out.
When long positions dominate and liquidation is led by $ETH , don’t rush to copy the first move. First, see clearly who comes in next.
The segment $BTC mainly indicates longs are being passively forced out. After the drop, whether it can be repaired depends on whether there is follow-up support and if it comes in to take over.
With $SOL , long liquidation accounts for most of the amount, and position cleanup has truly entered into actual matched trades.
If the price after liquidation continues to weaken, it means the new selling pressure has absorbed past the passive sell orders.
For data like strong liquidation (forced liquidation), first see who is being forced out.
When long positions dominate and liquidation is led by $ETH , don’t rush to copy the first move. First, see clearly who comes in next.
The segment $BTC mainly indicates longs are being passively forced out. After the drop, whether it can be repaired depends on whether there is follow-up support and if it comes in to take over.
With $SOL , long liquidation accounts for most of the amount, and position cleanup has truly entered into actual matched trades.
If the price after liquidation continues to weaken, it means the new selling pressure has absorbed past the passive sell orders.