In the early morning, BTC and ETH experienced concentrated liquidation during a 15 minute cycle. After the liquidation, the prices fluctuated by over 4%, specifically:
OKX BTC/USDT perpetual: 3314.7 short positions have been liquidated, with a price correction of 4.07% and a warning threshold of ≥ 2000 positions
Binance ETH/USD perpetual: 12627 long positions were liquidated, with a price rebound of 6.07%. The warning threshold is ≥ 8000 positions
Usage of liquidation statistics: ① If multiple orders are liquidated, the market is likely to rebound; ② Short positions are likely to be liquidated, and the market is likely to rebound.
The specific liquidation warning strategy can be subscribed to the "BTC liquidation" and "ETH liquidation tactics" published by AICoin editor. The source code is publicly available, and the warning threshold can be customized according to different coin pairs and periods.
The strategy is for reference only and does not constitute any investment advice!
