Post
Mimi 🤎🩷
The most dangerous thing for SOL is neither falling nor rising, but that the leverage around $120 has already started to "crowd together".
Currently, SOL is around $120, and the overall volatility in the past 24 hours has not been significant, but the open interest in contracts remains near $7 billion, indicating a large amount of leveraged funds are still concentrated in this price area.
The key point is that there are liquidation chips both above and below the current price.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$85,767.9+0.01%
ETH/USDTEthereum
$2,710.24+0.00%
SOL/USDTSolana
$120.8+0.01%
Today’s market buzz
1#OKXNOW:LiveStartingSoon
2#FedSeptemberMinutes
3#HormuzStillClosed
