🧨 $ETH A $1.11 million long position was liquidated
Take two seconds to understand liquidations before you act 👇
A large number of liquidated long positions add extra selling pressure, while a wave of liquidated short positions brings additional buying pressure. This is why cascading liquidations intensify market moves.
Reading indicators is easy; the hard part is still following the rules when the market gets extremely volatile.
Take two seconds to understand liquidations before you act 👇
A large number of liquidated long positions add extra selling pressure, while a wave of liquidated short positions brings additional buying pressure. This is why cascading liquidations intensify market moves.
Reading indicators is easy; the hard part is still following the rules when the market gets extremely volatile.