Bottom line: SOL’s 1-day long-side max-pain point is only about 0.75% below the current price, with a dense cluster of around $2.07 million. The short-side pain point is about 5.1% above, with a cluster of around $1.61 million—longs are much closer.
At current prices, Binance is around 104.62 and OKX around 104.64. On the max-pain chart, a dip of less than 1% brings the dense long cluster into play; shorts have to wait for a roughly 5% rally to reach their main cluster.
$SOL Over the past 24 hours, about $5.93 million in longs and $6.49 million in shorts were liquidated. There’s plenty on both sides, but to see who’s closer to “the next hit,” look at distance, not total volume.
Do you think this 0.75% gap is a sign of pressure, or are the bears luring in the bulls?
View in real time: https://www.coinboss.com/liquidation-maxpain