Liquidation data from the futures market:
$BTC long positions liquidated, totaling $4.08 million; 24h: -6.71%.
After a series of long liquidations, leverage on the long side of the market will ease. Once selling pressure fades, there may be a chance for the market to stabilize.
Share your predictions in the comments, and we’ll compare notes in a few days.
$BTC long positions liquidated, totaling $4.08 million; 24h: -6.71%.
After a series of long liquidations, leverage on the long side of the market will ease. Once selling pressure fades, there may be a chance for the market to stabilize.
Share your predictions in the comments, and we’ll compare notes in a few days.
