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Technical notes｜$6.72 million in Binance futures liquidations over the past 4 hours｜Longs accounted for 26.6%｜$ETH ranked first
First, a definition: Maintenance margin is the minimum margin required to keep a position from being liquidated. Generally, the larger the position, the higher the margin ratio required.
A common way to read these terms: “longs liquidating longs” refers to a drop triggering liquidations of long positions, with the resulting sell orders pushing prices even lower. A “short squeeze” refers to a rise triggering liquidations of short positions, with buybacks pushing prices even higher.
Reading indicators isn’t hard. The hard part is sticking to your plan when emotions are running high.
#ETH
Technical notes｜$6.72 million in Binance futures liquidations over the past 4 hours｜Longs accounted for 26.6%｜$ETH ranked first
First, a definition: Maintenance margin is the minimum margin required to keep a position from being liquidated. Generally, the larger the position, the higher the margin ratio required.
A common way to read these terms: “longs liquidating longs” refers to a drop triggering liquidations of long positions, with the resulting sell orders pushing prices even lower. A “short squeeze” refers to a rise triggering liquidations of short positions, with buybacks pushing prices even higher.
Reading indicators isn’t hard. The hard part is sticking to your plan when emotions are running high.
#ETH