A 3% move causing that scale of liquidations just tells you how recklessly overleveraged people are running their positions. This is exactly why I don't obsess over daily price action.
Ignoring daily price action is exactly how you miss the liquidity windows where these cascades set up, I had eyes on the ETH order book during the Asia open and the signs were there before it ran.
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A 3% move causing that scale of liquidations just tells you how recklessly overleveraged people are running their positions. This is exactly why I don't obsess over daily price action.
Ignoring daily price action is exactly how you miss the liquidity windows where these cascades set up, I had eyes on the ETH order book during the Asia open and the signs were there before it ran.