$BTC During this round of volatility in perpetual futures, a $1.14 million long position was liquidated at around 71112.07.
Let’s use this figure to break down how liquidations work.
A wave of long liquidations adds extra selling pressure, while large-scale short liquidations bring in buying pressure. That’s why cascading liquidations can intensify market moves.
Prices where liquidations cluster are often used afterward as reference points for short-term support and resistance, but whether they actually hold depends on subsequent trading activity.
Understanding indicators is easy; the hard part is sticking to your plan when the market gets heated.
#BTC
Let’s use this figure to break down how liquidations work.
A wave of long liquidations adds extra selling pressure, while large-scale short liquidations bring in buying pressure. That’s why cascading liquidations can intensify market moves.
Prices where liquidations cluster are often used afterward as reference points for short-term support and resistance, but whether they actually hold depends on subsequent trading activity.
Understanding indicators is easy; the hard part is sticking to your plan when the market gets heated.
#BTC
