The $WIF market just experienced a wild swing, with $1.6864K worth of long positions liquidated when the price surged to $1.6886, causing a sudden wave of forced sell-offs!
Hereโs the high-octane breakdown:
1. Liquidation Amount: A staggering $1.6864K in long positions was wiped out in a flash, creating massive turbulence in the market.
2. Price Surge: The liquidation was triggered when the price hit $1.6886, sparking an intense upward move and forcing traders to scramble and close out positions.
3. What It Means: This type of liquidation is often the result of bullish momentum, and could indicate a potential uptrend if the buying pressure continues.
4. Market Volatility: The sudden surge could fuel more buying as shorts might be forced to cover, causing even more price action in the coming hours.
Traders, donโt blink! The $WIF market is in high-volatility mode, and itโs only getting more exciting!
Will the surge continue, or will we see more dramatic twists? Stay tuned and watch every move!
just lost 8K USD for Future trading :( and still stick with SOL and BNB after many rounds of liquid and DCA. could you pls help advise I should hold them within next 2 days to wait for recover signals if any , or need to liquid by today :(. Thanks