1. 🟢 #XRP
Liquidated Short: $75.5K
Price: $2.457
Implication: Strong buying pressure invalidated bearish positions, signaling potential for further upside.
2. 🔴 #ACT
Liquidated Long: $76.9K at $0.312 and $273K at $0.302
Implication: Significant bearish pressure pushed ACT lower, leading to large long liquidations.
3. 🔴 #LINK
Liquidated Long: $99K
Price: $22.17
Implication: Bears are dominating, causing a sell-off in LINK after failing to sustain higher levels.
4. 🟢 #SOL
Liquidated Short: $76.7K
Price: $209.48
Implication: Bullish sentiment drove SOL higher, forcing short sellers to exit.
Market Implications
1. #XRP
Continued bullish momentum above $2.457 could lead to higher targets.
2. #ACT
Heavy liquidations indicate strong downward pressure. Buyers should wait for stabilization before re-entering.
3. #LINK
Weak price action suggests further downside risk unless strong support levels hold.
4. #SOL
Bullish pressure is dominant. Watch for sustained momentum above $209.48