Jokes aside, Binance futures liquidations totaled about $4.66 million over the past hour, with longs accounting for 92%. The largest was $ARC .
My rule as a bit of a jokester: keep leverage low enough to sleep soundly, and make stop-losses more reliable than an alarm clock.
Seriously, large-scale liquidations of long positions create selling pressure, while liquidations of short positions add buying pressure. That’s how cascading liquidations amplify market moves.
Don’t chase trades during the sharpest swings. Wait for the candlestick to close and settle before making a decision.
#ARC
Just a casual note—make your own decisions about buying and selling.
My rule as a bit of a jokester: keep leverage low enough to sleep soundly, and make stop-losses more reliable than an alarm clock.
Seriously, large-scale liquidations of long positions create selling pressure, while liquidations of short positions add buying pressure. That’s how cascading liquidations amplify market moves.
Don’t chase trades during the sharpest swings. Wait for the candlestick to close and settle before making a decision.
#ARC
Just a casual note—make your own decisions about buying and selling.