Liquidations on the short side are starting to trigger in waves, though plenty of positions remain queued up at key resistance levels. This pattern suggests the bearish thesis still has momentum—we're likely seeing another leg of this move play out across spot and derivatives markets.
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GasFeeCry
· 8h ago
The short liquidation wave has arrived, this is getting interesting... Let's see how many more people will get liquidated later.
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GetRichLeek
· 8h ago
The short squeeze has happened, but why am I still taking losses... Where did the technical support go? Isn't the on-chain data indicating there are buy orders?
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MevHunter
· 8h ago
The short squeeze is happening again, but there are still a bunch of resistance levels waiting to be broken. It seems the bear market theory hasn't completely cooled down yet.
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MidnightSeller
· 8h ago
Short liquidation begins to trigger in waves, and big players trying to bottom out will have to wait... If this rhythm continues with a couple more waves, maybe the bulls can catch a breath?
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ForkLibertarian
· 9h ago
The short positions are starting to collapse, but I see that there are still many orders in the queue. The real test is yet to come.
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SillyWhale
· 9h ago
The short squeeze wave is coming, but I feel like this isn't over yet... The bunch of orders at the resistance level are really fierce.
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Rekt_Recovery
· 9h ago
ngl this is giving major leverage ptsd flashbacks... watched this exact pattern tank so many accounts back in '21. those queued positions are like a ticking time bomb no one wants to talk about lmao
Liquidations on the short side are starting to trigger in waves, though plenty of positions remain queued up at key resistance levels. This pattern suggests the bearish thesis still has momentum—we're likely seeing another leg of this move play out across spot and derivatives markets.