$BTC A $4.87 million long position was liquidated during trading in a perpetual contract.
Let’s use this figure to talk about liquidations.
A large number of long positions being liquidated adds selling pressure, while a large number of short positions being liquidated adds buying pressure. That’s why cascading liquidations intensify volatility.
Using less leverage, keeping enough margin, and setting stop-losses in advance are the most common ways to avoid liquidation.
Understanding how to read indicators is easy. The hard part is sticking to your rules when emotions are running highest.
#BTC
Let’s use this figure to talk about liquidations.
A large number of long positions being liquidated adds selling pressure, while a large number of short positions being liquidated adds buying pressure. That’s why cascading liquidations intensify volatility.
Using less leverage, keeping enough margin, and setting stop-losses in advance are the most common ways to avoid liquidation.
Understanding how to read indicators is easy. The hard part is sticking to your rules when emotions are running highest.
#BTC