The market is bloody! The data of liquidation in the past 24 hours was exposed, and the entire network lost 577 million US dollars. What does the direction of the main liquidation imply?
According to the data, in the past hour, the total amount of liquidation in the entire network reached 28.1858 million US dollars, mainly long orders. In just 24 hours, the total amount of liquidation in the entire network exceeded 577 million US dollars, of which long orders accounted for an overwhelming share of 439 million US dollars, while short orders accounted for 137 million US dollars.
From this set of data, the pain of the bulls is obvious. This wave of liquidation may indicate a deep adjustment or emotional turn in the market. Whether you are a retail investor or an institution, the market is changing rapidly, and every step of operation needs to be cautious!
Does the huge liquidation mean that a new round of opportunities has emerged?
What do you think of this wave of market shocks? Leave a message to share your views, and don’t forget to follow Lao Lin to grasp the dynamics of the currency circle at the first time and take you to sail steadily!
