$HYPE liquidation abnormality and imbalance detected.
Blave liquidation map shows that there are clearly dense liquidation zones both above and below the current price. At the same time, based on the recent changes in liquidation, the newly added liquidation OI ratio shows an imbalance, indicating that liquidation pressure on both the long and short sides below and above the current price is accumulating. The lower liquidation dense zone is $69.3331–$69.6802 (2.10).
This will likely trigger market makers to start liquidating; be mindful of the risk of a short squeeze / long liquidation cascade.
Data from blave.org and does not constitute investment advice.
#HYPE #Liquidation #liquidation map
Blave liquidation map shows that there are clearly dense liquidation zones both above and below the current price. At the same time, based on the recent changes in liquidation, the newly added liquidation OI ratio shows an imbalance, indicating that liquidation pressure on both the long and short sides below and above the current price is accumulating. The lower liquidation dense zone is $69.3331–$69.6802 (2.10).
This will likely trigger market makers to start liquidating; be mindful of the risk of a short squeeze / long liquidation cascade.
Data from blave.org and does not constitute investment advice.
#HYPE #Liquidation #liquidation map