BTC fell below $65,000 in the early hours, and ETH also dropped below $1,800. CoinGlass data: $691 million in liquidations across the market over the past hour, including about $671 million in long positions. In a nutshell: leveraged longs are paying the price again.
Three reminders to avoid becoming exit liquidity:
1. During a sharp drop, highly leveraged positions are the first to get wiped out. First, figure out how far your liquidation price is from the current price;
2. The Fear & Greed Index has fallen to 15. When sentiment is extreme, don't use “buying the dip” as an excuse to add to your position;
3. Weekend liquidity tends to be thin, which can amplify volatility. Leave some room with both your limit orders and stop-losses.
Are you watching from the sidelines this time, or have you already been stopped out?
#加密美股齐跌 $BTC $ETH
Three reminders to avoid becoming exit liquidity:
1. During a sharp drop, highly leveraged positions are the first to get wiped out. First, figure out how far your liquidation price is from the current price;
2. The Fear & Greed Index has fallen to 15. When sentiment is extreme, don't use “buying the dip” as an excuse to add to your position;
3. Weekend liquidity tends to be thin, which can amplify volatility. Leave some room with both your limit orders and stop-losses.
Are you watching from the sidelines this time, or have you already been stopped out?
#加密美股齐跌 $BTC $ETH