Binance futures liquidations over the past hour totaled $7.36 million: $5.35 million in longs (72.6%) and $2.01 million in shorts.
After liquidations, I look at three things:
① Which side got liquidated more: mostly longs, meaning some leverage was flushed out;
② The largest concentration was $BTC ($5.26 million); volatility tends to be greatest afterward;
③ Did open interest also decline? A decline means leverage really was flushed out; if it didn’t fall, new positions are piling up again.
You can trade without using much leverage, but if you do use it, make sure to set a stop-loss.
#加密杠杆头寸24小时清算15亿美元
Just sharing my thoughts—whether you win or lose, you’re responsible for it yourself.
After liquidations, I look at three things:
① Which side got liquidated more: mostly longs, meaning some leverage was flushed out;
② The largest concentration was $BTC ($5.26 million); volatility tends to be greatest afterward;
③ Did open interest also decline? A decline means leverage really was flushed out; if it didn’t fall, new positions are piling up again.
You can trade without using much leverage, but if you do use it, make sure to set a stop-loss.
#加密杠杆头寸24小时清算15亿美元
Just sharing my thoughts—whether you win or lose, you’re responsible for it yourself.
