CPI triggered another leverage flush: multiple outlets cited Coinglass, with roughly $630 million–$700 million in liquidations across the market over the past 24 hours, about 80% of them longs; $ETH saw around $240 million liquidated, more than $BTC . The price briefly dipped to around 72,800 and is now around 73,300.
The usual way SJTU crunches the numbers: this is a second round of liquidations after data came in hotter than expected, not the start of a new trend. From Singapore: longs have just been swept out, so don’t rush to treat the rebound as confirmation of a bottom.
Where do you stand?
Reply 1 to reduce leverage and watch the structure first
Reply 2 to buy near 73,000 with a small position
Reply 3: liquidations aren’t over, so stay out for now
$BTC $ETH #币安广场 #Liquidations
The usual way SJTU crunches the numbers: this is a second round of liquidations after data came in hotter than expected, not the start of a new trend. From Singapore: longs have just been swept out, so don’t rush to treat the rebound as confirmation of a bottom.
Where do you stand?
Reply 1 to reduce leverage and watch the structure first
Reply 2 to buy near 73,000 with a small position
Reply 3: liquidations aren’t over, so stay out for now
$BTC $ETH #币安广场 #Liquidations
