Crypto Note | Binance futures liquidations totaled $91.75 million over the past 4 hours | Long positions accounted for 26.9% | $ETH ranked first
Definition: In isolated margin mode, liquidation only costs you the margin allocated to that position; in cross margin mode, all the margin in your account is used to cover the loss.
How to read this: Price levels where liquidations cluster are often treated as potential short-term support or resistance, but whether they hold depends on subsequent trading activity.
Don’t change your original plan based solely on a single indicator, and never gamble on a prediction with borrowed money.
#ETH
For record-keeping only; not investment advice.
Definition: In isolated margin mode, liquidation only costs you the margin allocated to that position; in cross margin mode, all the margin in your account is used to cover the loss.
How to read this: Price levels where liquidations cluster are often treated as potential short-term support or resistance, but whether they hold depends on subsequent trading activity.
Don’t change your original plan based solely on a single indicator, and never gamble on a prediction with borrowed money.
#ETH
For record-keeping only; not investment advice.