👀 Smart money is watching this:
“$314 million in crypto futures positions were liquidated across the market in the past 24 hours, mostly long positions.”
After the news came out, I asked just three questions related to money:
1. Are aggressive orders buying or selling?
2. Is trading volume for $BTC (24h: $1.384 billion) continuing to increase?
3. Have whales made any large transfers out of exchanges?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just a sentiment-driven disturbance.
When following the news, read the original source—reposts can easily distort it.
#BTC
Crypto assets are highly volatile, so keep your positions in check.
“$314 million in crypto futures positions were liquidated across the market in the past 24 hours, mostly long positions.”
After the news came out, I asked just three questions related to money:
1. Are aggressive orders buying or selling?
2. Is trading volume for $BTC (24h: $1.384 billion) continuing to increase?
3. Have whales made any large transfers out of exchanges?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just a sentiment-driven disturbance.
When following the news, read the original source—reposts can easily distort it.
#BTC
Crypto assets are highly volatile, so keep your positions in check.