Bitcoin Short Liquidation Risk Hits $1.057 Billion Near $76,291
- Liquidation Risk Data: If Bitcoin surpasses $76,291, cumulative short liquidation intensity across major centralized exchanges could reach $1.057 billion, reflecting potential vulnerability in the market for short liquidations, although this figure has not been independently verified.
- Extreme Fear Market Sentiment: Bitcoin is currently trading at $73,587, approximately $2,700 below the liquidation trigger level of $76,291, with a Fear & Greed Index score of 15 indicating low investor confidence, which may lead to unstable leverage positioning.
- Dynamic Liquidation Risks: Historical data shows that similar liquidation events have led to 237,000 traders being forcibly liquidated, wiping out over $1 billion in short positions, indicating that once the price breaches critical levels, liquidation risks can spread rapidly.
- Market Monitoring Recommendations: Investors should focus on real-time updates from liquidation maps rather than relying on static snapshots, as leverage positions continuously shift with traders opening and closing positions, and extreme fear environments may amplify the intensity of liquidations during price reversals.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0547 | 0.0576 | 0.0601 | 0.0629 | 0.0654 | 0.0683 | 0.0708 |
| Fibonacci | 0.0576 | 0.0596 | 0.0609 | 0.0629 | 0.065 | 0.0662 | 0.0683 |
About MAJOR
About the author
