Q: If BTC breaks above $84,078, the cumulative short liquidation intensity on major CEXs will reach $2.276 billion. What impact would that have on the market?
A: The last thing you want to do in this situation is get carried away trading. Reduce your position according to plan. A genuine breakout needs to be backed by volume; breakouts on declining volume often fall back into the range.
$BTC currently 81188.01.
Just sharing some thoughts—don’t take this as investment advice.
A: The last thing you want to do in this situation is get carried away trading. Reduce your position according to plan. A genuine breakout needs to be backed by volume; breakouts on declining volume often fall back into the range.
$BTC currently 81188.01.
Just sharing some thoughts—don’t take this as investment advice.