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Altcoin Rally: Navigating the Liquidation Hunt

时间:2024-03-07|浏览:248

欧易

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Hello friendsAfter the harsh liquidation hunt for , almost all coins rose again to the levels they fell to, and some even exceeded them. As everyone knows, this liquidation hunt was the starting move of the altcoin rally. Because whales taking profits from bitcoin do not switch to altcoins at peak prices.Horizontal trend for Bitcoin is the most attractive scenario for me. But of course, it is possible that the needle thrown at 59k will receive its liquidity. This movement to buy 59k liquidity will allow for harsh altcoin pumps if there is a horizontal decline. If there is a sharp and vertical decline like the last one, it will hurt altcoins again.According to Coinglass data, I am adding the 12-hour and 3-day liquidation map to the post. When the 3-day chart is examined, you can see that there is a very intense liquidation zone above 69k. You can develop your own strategy based on these levels.I wish everyone good luckALTCOINRALLYNAVIGATINGTHELIQUIDATIONHUNT

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