$ETH : $1.63 million in short positions liquidated around 1836.52.
Liquidations create forced trades in the direction of the trend: liquidating short positions means forced buying, which accelerates the rally. But after the short squeeze is over, prices often pull back.
Do you usually place orders with stop-losses?
#ETH
Liquidations create forced trades in the direction of the trend: liquidating short positions means forced buying, which accelerates the rally. But after the short squeeze is over, prices often pull back.
Do you usually place orders with stop-losses?
#ETH