Over the past 4 hours, $14.46 million in Binance futures positions were liquidated, with long positions accounting for just 13.4%. This round was mainly short positions being liquidated.
The largest concentration of liquidations was at $ETH , totaling $7.87 million.
Widespread short liquidations suggest a sharp upward move. Watch for a pullback after the short squeeze.

I’m often wrong too, so make your own judgment.