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Details: ht
In the past 24 hours, the Crypto Assets long-short chart shows a red pressure and green trend, with extremely explosive short positions sentiment: $AVAX short positions accounted for 96.2%, and $ETH was surrounded by the bears with a short positions ratio of 78.3%.
Even $BTC is affected, with 69.4% short positions breaking the short-term stable inertia.
Currently, it is not a normal long-short game, but a collective charge of short positions with red eyes, continuously accumulating short positions for liquidation.
Short-term or initial short positions liquidation may lead to a slight price rebound, potentially triggering high leverage short positions to close, resulting in a temporary rebound.
Short positions or re-aggregation after liquidation, prices may return to a downward trend. The market is already in a tense state, and the risk of liquidation is imminent. #GateLayer正式上线 #LaunchpadXPL认购开启 #狗狗币ETF进展