In recent months, we’ve provided all possible caution to warn about the risks the market has been facing in a broad analysis context.
The main risk factor was the large long positions accumulated since mid-2023.
For comparison, the aggregated liquidation levels in Ethereum explain its underperformance compared to BTC in 2024. Most traders over the past 365 and 500 days have been positioned long. Today, we’re witnessing massive liquidations on Bitmex, Binance, Gate.io, and HTX.
Don’t hand over your money to the market; use Alpha metrics for smart decision-making
