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Before You Trade, See Which Altcoins Are In for a Massive Squeeze

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A Look at Why Some Altcoins Are Set to Squeeze Up and Others Down
  • New data on liquidation density reveals a deep divide in the altcoin market, signaling high volatility
  • One group, including AVAX and LINK, faces a massive “short squeeze” risk, which is a bullish setup
  • Another group, including RUNE and DOGE, faces a significant “long squeeze” risk, a bearish setup

A growing number of crypto traders are shifting their focus from traditional price action to liquidation density, a lesser-known but powerful metric that can offer early signals of significant price shifts. 

The latest data from the analytics platform TheKingfisher reveals a noteworthy imbalance between short and long liquidations across several major cryptocurrencies. These patterns could spark abrupt market movements as key price levels are tested. 

Four major…

The post Before You Trade, See Which Altcoins Are In for a Massive Squeeze appeared first on Coin Edition.

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