BTC Key Price Alert: Long order risk below $114,000, short positions pressure low above $116,000

robot
Abstract generation in progress

【Block Rhythm】According to data from the data platform, on August 1, if Bitcoin falls below $114,000, the cumulative long order liquidation intensity on mainstream trading platforms will reach 609 million.

On the contrary, if Bitcoin breaks through 116,000 USD, the cumulative short order liquidation intensity on mainstream trading platforms will only be 73.97 million.

Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually show the significance, or strength, of each liquidation cluster relative to nearby liquidation clusters.

Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain position. A higher "liquidation column" indicates that once the price reaches it, there will be a stronger reaction due to the wave of liquidity.

BTC-1.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
MonkeySeeMonkeyDovip
· 08-04 07:23
How ruthless is the liquidation, suckers are suffering.
View OriginalReply0
ForkTonguevip
· 08-03 22:37
Short positions pressure small? Let's go long today!
View OriginalReply0
GateUser-a180694bvip
· 08-01 08:06
Looks like the long positions are going to get liquidated this time..
View OriginalReply0
SoliditySlayervip
· 08-01 08:04
It's wise to have more bearish points.
View OriginalReply0
UncleWhalevip
· 08-01 07:56
The short positions pressure is still quite small.
View OriginalReply0
CryptoNomicsvip
· 08-01 07:38
*sigh* your liquidation models ignore basic stochastic calculus... amateur hour
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)