Is the market starting to overheat?
According to the Bitcoin liquidation map, the situation currently looks like this
Nearly $5 billion in potential liquidations is tied to longs, while shorts account for about $2 billion.
This suggests that over the past week traders have been opening long positions too aggressively and are becoming increasingly confident in the continuation of the uptrend $BTC
According to the Bitcoin liquidation map, the situation currently looks like this
Nearly $5 billion in potential liquidations is tied to longs, while shorts account for about $2 billion.
This suggests that over the past week traders have been opening long positions too aggressively and are becoming increasingly confident in the continuation of the uptrend $BTC