A look from the perspective of capital flows: Data: Over the past 24 hours, liquidations across the market totaled about $845 million, including about $708 million in long positions.
When the news breaks, two things often happen in the market at the same time:
· Early entrants look for opportunities to exit
· Traders who only came in after seeing the news start entering the market
Whichever group is larger determines which way the price moves. Over $BTC 24h, trading volume was $1.984 billion; watch for any unusual increase in turnover.
When the news breaks, two things often happen in the market at the same time:
· Early entrants look for opportunities to exit
· Traders who only came in after seeing the news start entering the market
Whichever group is larger determines which way the price moves. Over $BTC 24h, trading volume was $1.984 billion; watch for any unusual increase in turnover.