Bloodbath for longs! $16 million liquidated in 1 hour! Did you survive this massacre?
Latest battle report: In the past hour, blood flowed throughout the entire network! Total liquidations reached $16.41 million.
Long positions suffered a massacre of $12.54 million (accounting for 76%, with the largest single liquidation reaching $2.87 million) (50x leverage went to zero on the spot).
Current market meat grinder characteristics:
1. Extremely imbalanced long/short ratio (retail investors crazily chasing long positions, while the whales precisely target).
2. Increased spike amplitude (BTC 1-hour volatility exceeded 5%, a contract graveyard).
3. Altcoins are bleeding heavily (the liquidation volume of small coins surged to 40%).
Liquidation warning:
When the long/short ratio across the network > 2.5, there will definitely be a wave of bloody cleansing.
The open contract volume on exchanges has reached a new high, greater volatility is imminent.
Latest liquidation map: BTC liquidation accounts for 58%, ETH liquidation accounts for 22%, SOL liquidation accounts for 11%.
Veteran trader's guide: Strict stop-loss (suggest setting a 3% stop-loss as soon as you open a position).
Avoid high leverage (>20x = suicidal behavior). Follow my real trades (currently laying out opportunities for a rebound from a deep decline).
In the afternoon, the community has a wealth code; those who want to get involved, comment '1 big bite of meat!!'
