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$LAB LAB collapse triggers a chain reaction of liquidations! Bulls and bears are bound to fight it out—on 8.7, it’s life or death!
Behind the hundredfold myth is always a river of blood—when smart money’s losses begin to amplify fear, the true hunters are closing in.
1. LAB hourly chart, RSI has fallen below 24 and has entered an extremely oversold range.
For smart money, the long positions are $18.69 million, with an average opening price of 10.5, and unrealized losses as high as $4.49 million—facing massive liquidation pressure! Meanwhile, shorts are holding $2.41 million in profit, with a high profit ratio of 94.69%, practically a complete win. This comparison is already reflected on the order book—price continues to probe the low at 8.6, breaking moving average support.
Liquidation map: Judging by liquidation intensity data, the liquidation pressure for Ethereum and Bitcoin, ETH, is gradually building up. Across exchanges, the liquidation intensity of shorts is generally higher than that of longs. The fuse for this selloff may be ignited soon!
Trading strategy
Longs: Aggressive traders can build positions in batches around 8.6–8.7, betting on a technical rebound after RSI becomes oversold, with a target near 10.2.
Shorts: Conservative traders can wait for a rebound to around 9.5–10.0, where it encounters resistance, then open shorts at the right opportunity. The first target below is 8.0, and the second target is 7.5. $ZEC #Gate直通IPO认购SpaceX #山寨