The recent contract liquidation situation in the cryptocurrency market
According to the latest data, in the past 24 hours, the cryptocurrency market has witnessed a total liquidation of contracts amounting to 456 million USD. Among them, long positions accounted for the overwhelming majority with 338 million USD, while the remaining 118 million USD belonged to short positions. This is a sign that the pressure for correction is still present on buying positions.
Liquidations of BTC and ETH account for the majority
Bitcoin (BTC) and Ethereum (ETH) continue to be the two assets most strongly affected, with liquidations of 137 million USD and 148 million USD respectively. This demonstrates the significant volatility and fierce competition among traders in these leading coins. The continuous fluctuations of BTC and ETH not only impact market sentiment but also create attractive swing trading opportunities for knowledgeable investors.
Long-term and short-term liquidation allocation
The disparity between long and short liquidations reflects the current trading trend. The predominance of long liquidations indicates that many traders expect prices to rise but are unexpectedly corrected, leading to the risk of losing positions. Conversely, the smaller share of short liquidations shows that a portion of traders betting on a downward trend also faces considerable pressure.
Things cryptocurrency investors need to pay attention to
Large-scale contract liquidations always warn of liquidity risks and strong volatility in the derivatives market. To effectively protect capital, investors should enhance margin management and apply appropriate hedging strategies to avoid being swept up in short-term fluctuations that cause unnecessary declines. Utilizing on-chain analysis tools and real-time market data is also key to identifying opportunities and risks from massive liquidations.
Conclusion
Recent liquidation data shows that the cryptocurrency market is still undergoing a period of significant volatility, with a clear differentiation between long and short positions. BTC and ETH continue to play a central role, directly influencing the overall picture. Investors need to be cautious, continuously update information, and apply risk management techniques to effectively seize opportunities in this highly volatile environment.
Source: https://tintucbitcoin.com/giai-ma-456-trieu-usd-ky-quy/
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