Over the past 24 hours, the crypto market has seen $529.90M in liquidations 💥, with long liquidations accounting for $346.65M and short liquidations accounting for $183.25M. This data shows that long traders have suffered heavy losses 📉, with the largest single liquidation order occurring on Binance in particular, worth $2.11M 🏦. In just 1 hour, nearly $11.77M was liquidated. The market fluctuates violently and leverage trading risks are significant. Traders need to be extra careful ⚠️!
Short-term market sentiment:
The gainer list shows that the market's interest in some small and medium-sized currencies (such as RAYDIUM and IDEX) has increased, and speculative funds have flowed in significantly. 🎢
Some currencies in the loser list (such as SUNDOG and SKL) show capital outflows and market attention has shifted.
Mainstream asset status:
The high proportion of OI of Bitcoin and SOL shows that mainstream assets are still the main driving factor of market direction. The market is highly dependent on these assets, and fluctuations may trigger chain reactions. 🌍
Trading risk reminder:
The open interest of currencies with the highest increase has increased rapidly, which may be accompanied by greater volatility risks. Short-term investors need to pay attention to the possibility of market corrections. ⚠️
Strategy recommendations:
For currencies with larger increases (such as RAYDIUM and SAFE), you can consider following the trend in the short term, but you need to strictly set stop-profit and stop-loss. 💼
Mainstream assets (BTC and ETH) are still relatively stable choices, and it is suitable to allocate a part of the position in market fluctuations to avoid risks. 📊
The gainer list shows that the market's interest in some small and medium-sized currencies (such as RAYDIUM and IDEX) has increased, and speculative funds have flowed in significantly. 🎢
Some currencies in the loser list (such as SUNDOG and SKL) show capital outflows and market attention has shifted.
Mainstream asset status:
The high proportion of OI of Bitcoin and SOL shows that mainstream assets are still the main driving factor of market direction. The market is highly dependent on these assets, and fluctuations may trigger chain reactions. 🌍
Trading risk reminder:
The open interest of currencies with the highest increase has increased rapidly, which may be accompanied by greater volatility risks. Short-term investors need to pay attention to the possibility of market corrections. ⚠️
Strategy recommendations:
For currencies with larger increases (such as RAYDIUM and SAFE), you can consider following the trend in the short term, but you need to strictly set stop-profit and stop-loss. 💼
Mainstream assets (BTC and ETH) are still relatively stable choices, and it is suitable to allocate a part of the position in market fluctuations to avoid risks. 📊