Bybit Launches $8M Insurance Fund to Reduce Liquidation Risk by Over 200%
- Insurance Fund Innovation: Bybit has introduced a new insurance fund system that groups contracts by risk to enhance fund efficiency and reduce liquidation triggers, with an expected reduction in liquidation risk by over 200%.
- Capital Allocation Strategy: The new system allocates $8 million for newly listed USDT perpetual contracts, boosting early-stage protection, particularly during volatile market conditions, ensuring user fund safety.
- Real-Time Monitoring Mechanism: Traders can now monitor fund balances in real-time using API tools, allowing for timely adjustments to ADL settings during sharp market fluctuations, thereby protecting user positions.
- Enhanced Coverage for Contracts: The new pooled model increases loss absorption per contract by over 200%, providing better user protection during high-volume or unstable trading periods, which enhances market confidence.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for 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 stock.
Support, Resistance & Moving Averages From a structural perspective, 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 $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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