Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
【CryptoQuant: Long Liquidations Have Partially "bottomed Out", Opening Up Space For Short-term Recovery】 On October 4, CryptoQuant Analysts Said That The Liquidation Of Long Positions May Have Established A Local Bottom. Although Price Sentiment Remains Bearish And Technical Indicators Indicate The Possibility Of Further Declines, The Liquidation Level Of Long Positions In The Bitcoin Futures Market Indicates That Selling Pressure Has Eased. During A Sharp Drop In Prices, The Number Of Contracts Purchased Tends To Drop Sharply Due To Liquidations, Which Reduces The Selling Pressure In The Market. On October 1, More Than 4,000 BTC Longs Were Liquidated, Which Was The Second Largest Liquidation Event In 2024 According To CryptoQuant Data. Typically, These Moments Of High Losses And Liquidations Form Local Bottoms, Opening Up Space For Short-term Recovery. At Present, Prices May Maintain The Current Range In The Short Term, But Attention Needs To Be Paid To The Strength Of Buying To Reverse The Decline
Quick access to 24/7
Quick access to more editor-selected real-time news
Exclusive video for free
FastBull VIPject team is dedicated to create exclusive videos
Follow More Symbols
You can add more symbols to your watchlist.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
Member-only Database
Comprehensive forex, commodity, and equity market data