Tonight, get ready to watch the big show
The number of short positions is still accumulating. At the current price, if BTC rises by two thousand dollars, the shorts will face a liquidation of 1.7 billion dollars. Conversely, if it drops by two thousand dollars, the longs will only face a liquidation of 1 billion dollars. Will we see a dramatic move tonight?
Contract traders must set take-profit and stop-loss orders to avoid getting wiped out by sudden spikes or missing timely exits!