Trading Strategy: Focus on Liquidation Levels
📊 Current Market Dynamics
Most traders pay attention to headlines, but smart traders know where the real market drivers are: liquidation levels.
Long/Short Distribution Imbalance: This chart reveals a significant long/short distribution imbalance for several alternative coins.
🔍 Key Analysis
SOL & ETH: The liquidation trends for these two coins are heavily skewed towards the bears, which could lead to a **short squeeze** phenomenon once prices rise, causing a rapid price increase. SAND & AGLD: These two coins show an extreme bullish dominance, which could lead to severe market fragility and potential liquidations if prices fall.
⚠️ Trading Advice
Monitor Liquidation Levels: Understanding these key levels helps you predict market volatility. Prepare Before Trading: Make sure to check these important areas before making trading decisions to seize potential opportunities.