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Gate Square New & Returning Creator Rewards are ongoing!
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Latest liquidation data! $170 million liquidated in the past 24 hours! Still no volume. Key points!
1. “Don’t bet on shorting when macro data is released”: This $170 million liquidation is a lesson. As long as CPI doesn’t spike unexpectedly, in a bull market, prices are likely to rise.
2. Beware of “pin” pullbacks: Although shorts were liquidated, there are over $8 million in long stop-loss orders within an hour. The current market is characterized by high-frequency oscillations upward; it is recommended to reduce leverage on futures, and spot holdings can be held with confidence.