🧮 Over the past 4 hours, total Binance futures liquidations amounted to about $29.57 million. Long positions accounted for 86.8%, with $BTC leading at $14.02 million.
【Quick explainer】How do liquidations happen?
A wave of liquidated long positions adds selling pressure, while a wave of liquidated short positions brings buying pressure. This is why cascading liquidations amplify volatility.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are at their most extreme.
#BTC
【Quick explainer】How do liquidations happen?
A wave of liquidated long positions adds selling pressure, while a wave of liquidated short positions brings buying pressure. This is why cascading liquidations amplify volatility.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are at their most extreme.
#BTC