Crypto Market Faces $112M Liquidation Wave, Exposing Leverage Risks
- Scale of Liquidation Event: On March 15, 2025, the crypto market experienced over $112 million in futures liquidations, primarily affecting long traders, highlighting the persistent volatility and risks inherent in the leveraged derivatives market.
- Bitcoin Dominates Liquidations: Bitcoin accounted for $59.47 million of the liquidations, representing 53% of the total, indicating a rapid market response to its price drop that forced many optimistic traders to close their positions.
- High Ethereum Liquidation Ratio: Ethereum saw $41.46 million in liquidations, with 63.45% being long positions, demonstrating aggressive leverage usage by traders anticipating price gains, which further intensified market selling pressure.
- Zcash Liquidation Risks: Zcash had 81.39% of its liquidations from long positions, indicating that in lower liquidity conditions, price swings can trigger more severe liquidation events, reminding traders to carefully consider asset liquidity when using leverage.
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Technical Analysis for ZEC
Technical Sentiment Analysis for Zcash (ZEC) As of , Zcash (ZEC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ZEC 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, ZEC 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 $-.
Zcash (ZEC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -3.335 | 90.618 | 185.495 | 279.448 | 374.325 | 468.278 | 563.155 |
| Fibonacci | 90.618 | 162.751 | 207.315 | 279.448 | 351.581 | 396.145 | 468.278 |
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