$BTC ｜$1.08 million in long positions liquidated
Before discussing funds, let's first understand liquidations.
The higher the leverage, the closer the liquidation price is to the entry price: the market doesn't need to move much for a position to be liquidated.
Price zones where liquidations cluster are often treated afterward as potential short-term support or resistance, but whether they actually hold depends on subsequent buying and selling.
Learning to read indicators isn't hard; the hard part is sticking to the rules when emotions are at their most extreme.
For reference only. You are responsible for your own profits and losses.
Before discussing funds, let's first understand liquidations.
The higher the leverage, the closer the liquidation price is to the entry price: the market doesn't need to move much for a position to be liquidated.
Price zones where liquidations cluster are often treated afterward as potential short-term support or resistance, but whether they actually hold depends on subsequent buying and selling.
Learning to read indicators isn't hard; the hard part is sticking to the rules when emotions are at their most extreme.
For reference only. You are responsible for your own profits and losses.
