Technical note | $ETH | $1.08 million in long liquidations
First, the definition: When prices fluctuate sharply, liquidations often happen in clusters: the first positions are liquidated, pushing prices further, which then triggers the next batch.
A common lesson: Don’t use leverage to chase losses. This often marks the start of a series of liquidations.
Learning to read indicators isn’t hard; the hard part is sticking to the rules when the market gets heated.