Liquidation Zone
A price level where leveraged trading positions are automatically closed by exchanges to prevent further losses. These zones can often act as significant price barriers or triggers.
Bitcoin’s $60K Drop Creates New $530 Million Demand Zone: Bulls Eyeing Recovery?
Bitcoin's recent dip below $61,000 has formed a significant demand zone around $60,500 to $65,000, bolstered by a $530 million buy wall. This critical area presents a key battleground for bulls aiming to prevent further liquidation and initiate a price recovery.
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