$BTC
The latest price movement to 83900 has liquidated some traders, either through stop-loss hunting or because they closed their positions voluntarily. In trading, especially futures trading, caution should never be underestimated.
Looking at the liquidation map, it seems the liquidation price magnet is targeting short positions. Of course, if you're still holding a short position, you should keep an eye out for a sudden price spike that could erupt violently.
#RiskManagement
#liquidationmap
#BinanceSquareBTC
The latest price movement to 83900 has liquidated some traders, either through stop-loss hunting or because they closed their positions voluntarily. In trading, especially futures trading, caution should never be underestimated.
Looking at the liquidation map, it seems the liquidation price magnet is targeting short positions. Of course, if you're still holding a short position, you should keep an eye out for a sudden price spike that could erupt violently.
#RiskManagement
#liquidationmap
#BinanceSquareBTC