Future

Arbitrum

when

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/short-selling-and-liquidation-trends-in-crypto-markets/" data-wpel-link="internal">Short Selling and Liquidation Trends in Crypto Markets</a> 
Developments in the world of cryptocurrency continue to unfold one after another. Despite all this, the direction in which the price will move remains uncertain and is trending within a consolidation range. While all this is happening, an increase in open interest for short positions has been observed for some cryptocurrencies, which may be triggering short-selling opportunities for February. 
<h2 id="short-selling-and-liquidation">Short Selling and Liquidation</h2> 
During periods of short selling, a sudden price increase in response can liquidate the positions of the investors who initiated the short sales. The resulting liquidations could force traders to buy back the cryptocurrency, potentially driving the price to higher levels. 
This situation could trigger larger liquidations in the market and potentially pave the way for a price increase. 
Investors seeking answers about the subject encountered significant data when they examined the liquidation heat maps dated February 6th from CoinGlass. In particular, the monthly time frame analysis highlighted areas on Arbitrum (ARB) and Curve (CRV) that had accumulated and could liquidate short positions. 
<h2 id="future-of-arbitrum-arb-coin">Future of Arbitrum (ARB) Coin</h2> 
Arbitrum (ARB), one of the standout projects of the recent period, was showing a dense liquidity accumulation at the $2.4 price level. A more in-depth analysis revealed a notable $33,150 short liquidation at $2.414, making it an attractive point for market-controlling investors. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-312040" src="https://coin-turk.com/wp-content/uploads/2024/02/arb-33-150-coin-turk-com.png" alt="" width="766" height="413"> 
On the other hand, ARB has experienced an increase of over 2% in the last 24 hours and is trading at $1.838. A possible price movement towards $2.4 could liquidate short positions and trigger a price rise. 
Such a price movement could lead to Arbitrum marking the month of February with an increase of over 30%. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-312039" src="https://coin-turk.com/wp-content/uploads/2024/02/arb-30-coin-turk-com.png" alt="" width="762" height="66"> 
<h2 id="future-of-curve-crv-coin">Future of Curve (CRV) Coin</h2> 
Things also look exciting for CRV, the native token of Curve DAO. At the time of writing, it is trading at $0.471 with an open interest rate of $68.64 million, corresponding to an OI/Market Value ratio of 0.1324. 
<img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-312038" src="https://coin-turk.com/wp-content/uploads/2024/02/01324-coin-turk-com.png" alt="" width="764" height="77"> 
According to the liquidation heat map, CRV appears to have liquidity zones that could unsettle both shorts and longs. With this in mind, a price drop could occur before a rapid rise of the token. 
On the other hand, the most favorable liquidation zone is seen at the $0.573 level. However, a price drop from this point could lead to an increase in short positions. 
<img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-312041" src="https://coin-turk.com/wp-content/uploads/2024/02/crv-53-coin-turk-com.png" alt="" width="765" height="414"> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/short-selling-and-liquidation-trends-in-crypto-markets/" data-wpel-link="internal">Short Selling and Liquidation Trends in Crypto Markets</a></h5>

Short Selling and Liquidation Trends in Crypto Markets

Spis treści

COINTURK NEWS

Inne artykuły opublikowane 7 lut 2024

SEC v. Ripple: Crucial Request Filed by Defendants

Crypto investors pocketed $887 gains on average in 2023 — CoinLedger

Inside the AI-Powered Transformation of Dover’s Port

Bitcoin Climbs, Investors Eye Next Moves

How Do AI-Generated IDs Challenge Traditional Authentication Methods?

Shiba Inu Stability and Growth Prospects in 2024

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!