I am observing an interesting situation in BTC - there has been a significant accumulation on the short side after the 108 thousand dollar level. Looking at the open position data, a large portion of the increase is coming from shorts. There are positions that are stuck at these levels and are open to liquidation. It seems that this accumulation may be cleared soon.
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CryptoSourGrape
· 11-06 11:23
Watching BTC at 100,800 while having not even a dime in hand.
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SigmaBrain
· 11-06 08:19
A large wave of short orders is set to get liquidated.
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ShibaMillionairen't
· 11-03 20:36
Those waiting to short the crash are going to cry.
I am observing an interesting situation in BTC - there has been a significant accumulation on the short side after the 108 thousand dollar level. Looking at the open position data, a large portion of the increase is coming from shorts. There are positions that are stuck at these levels and are open to liquidation. It seems that this accumulation may be cleared soon.