Indicator Notes | $BTC | $1.65 million in long liquidations
First, a definition: Binance’s liquidation data is a snapshot. For the same trading pair, it sends at most the latest update once per second, so the actual liquidation amount may be higher.
Next, how to read it: Price zones where liquidations cluster are often treated as short-term support or resistance afterward, but whether they hold depends on subsequent buying and selling.
Extreme readings usually come with more intense volatility. In such situations, it’s better to reduce leverage rather than increase it.
First, a definition: Binance’s liquidation data is a snapshot. For the same trading pair, it sends at most the latest update once per second, so the actual liquidation amount may be higher.
Next, how to read it: Price zones where liquidations cluster are often treated as short-term support or resistance afterward, but whether they hold depends on subsequent buying and selling.
Extreme readings usually come with more intense volatility. In such situations, it’s better to reduce leverage rather than increase it.