🧭 Latest data: $BTC | $1.78 million in long liquidations
· Definition: When prices surge or plunge, liquidations often happen in clusters: one batch of positions gets liquidated, pushing prices further, which triggers the next batch.
· How to read it: A large liquidation amount may not change the direction of a major coin; it more often reflects how quickly the market was moving at the time.
Before trading with leverage, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
#BTC
· Definition: When prices surge or plunge, liquidations often happen in clusters: one batch of positions gets liquidated, pushing prices further, which triggers the next batch.
· How to read it: A large liquidation amount may not change the direction of a major coin; it more often reflects how quickly the market was moving at the time.
Before trading with leverage, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
#BTC