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#kaspa is have high potential look like bitcoin #binance square
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Listen, buddy, this is what's going on with Solana, and it could really be a big deal. SOL is currently trading around $145.50 — at first glance, there doesn't seem to be anything unusual. But if you dig deeper, especially into the data on derivatives (futures and others), you can see that the market is simply full of short positions, especially between $ 146 and $170. This means that a huge number of traders are betting on a fall in prices, and they are doing this with high leverage — in fact, they are borrowing money to increase their bet on a fall. If the price goes up, they will start losing money very quickly. What is short compression? When too many people bet on a fall, but the price suddenly goes up, brokers begin to forcibly close these unprofitable trades. This is called liquidation. To close a position, you need to buy the asset back, and this creates additional demand. Demand raises the price even higher, which causes the following positions to be liquidated, and so on along the chain. It turns out to be a snowball — explosive growth that feeds on itself. Coinglass shows that the largest risk area is between $150 and $163, where tens of millions of dollars worth of short positions are at risk, mainly on the Bybit exchange. These are not just individual bets, they are a whole array of traders, and many of them have an aggressive strategy. If the price of Solana rises by just a dollar or two and breaks through the $146-$148 zone, a wave of liquidations may begin. And you know what? There is almost no resistance up to the mid-$160 level. This means that the price will have room for a rapid upward leap, without any special obstacles. But if Solana does not break through these levels, the bears may pounce again. However, even in this case, their positions will remain vulnerable — any small upward movement will be painful for those who are still "in shorts." In general, the market is now like a taut string. One sharp push upward and it can fly. What do you think: is Solana ready for explosive growth or is this another trap for bulls $SOL $SOL
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$SOL @ fatest coin #riseup coin #BinanceSquareTalks #riseup
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$BTC #king of crypto safest investment coin #BinanceSquareFamily
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$BNB #binance is most crypto #Riseup
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$XRP #Binance square update news about future bitcoin low price high potential crypto
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