$BTC short positions were liquidated, totaling $1.13 million, with the price around 75663.58.
Liquidations themselves create forced trades in the direction of the trend: liquidating short positions is equivalent to forced buying, which can accelerate a price surge. However, prices often pull back after a short squeeze runs its course.
Do you usually place orders with stop-losses?
Just my personal observation; this is not investment advice.
Liquidations themselves create forced trades in the direction of the trend: liquidating short positions is equivalent to forced buying, which can accelerate a price surge. However, prices often pull back after a short squeeze runs its course.
Do you usually place orders with stop-losses?
Just my personal observation; this is not investment advice.
