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When the market plunges into panic, these coins secretly hide short traps—liquidation data interpretation
【Crypto World】The market is shrouded in panic, but not all altcoins are equally fragile. On the contrary, some projects are actually lurking with significant short-selling risks.
Take Solana as an example. Once it surges to $147, the short liquidation scale could directly surpass $1 billion. The support behind this comes from continuous ETF inflows, along with the solid price floor at $130.
The story of Cardano is also not simple. At the $0.45 level, shorts need to be wary of liquidation pressures in the $50 million range. The recent strong performance of the Midnight project has become an important driver for ADA’s upward movement.
There are also counterexamples. Meme coins like PIPPIN, due to higher token concentration, face risks from the long side. If the price falls below $0.30, it could trigger over $9 million in long liquidations.
This reminds us that in highly volatile markets, liquidation risks are everywhere—sometimes panic itself presents a reverse opportunity.
ADA at 0.45 is really a hurdle. The Midnight project is indeed impressive.
I don't touch Pippin; meme coins are too greedy and tend to lead to losses.
I see ADA as even more dangerous. 0.45 is really a critical point. Midnight's push feels a bit weak, and the momentum is concerning.
As for PIPPIN and other meme coins, forget it. The crypto "scalper's razor," high concentration is a ticking time bomb. I wouldn't be surprised if it drops below 0.30.
The liquidation data looks fierce, but don't forget that the market's favorite is always the opposite harvest. Today’s bear liquidators, tomorrow they could become the bulls' mid-trade snack.