Liquidation levels are popular among users because they can be utilized in a myriad of ways –- from magnetic zones to high risk to reward reversal plays to managing risks like stop loss placement and much more.
Data from monitoring resourceCoinGlassshowed BTC/USD cutting through bid support above $62,000. The past 24 hours liquidated around $48 million of BTC longs, it confirmed. BTC liquidation heatmap (screenshot). Source: CoinGlass PCE week comes as traders focus on Fed liquidity The macroeconomic ...
“We have been expressing concern about the collapse of a significant credit player since the LUNA blowup. The market is now panicking about the impact and contagion if Celsius becomes insolvent,” it explained: “Some key liquidation levels that the market is looking out for are 1,150 in ...