$BTC long positions liquidated, worth $4.08 million, with the price near 68744.58.
Liquidations create one-sided forced trades: when long positions are liquidated, they are sold off automatically, which can accelerate the price decline. You can only assess the situation after the cascade of liquidations is over.
Would you make a move at this level?
Liquidations create one-sided forced trades: when long positions are liquidated, they are sold off automatically, which can accelerate the price decline. You can only assess the situation after the cascade of liquidations is over.
Would you make a move at this level?