#BTC, ETH Perpetual Contract Liquidation#

Recently, the BTC and ETH perpetual contract markets have seen a large number of liquidation orders, attracting market attention. Data shows that the liquidation order volume for BTC perpetual contracts reached 10.15 million, while that for ETH perpetual contracts reached 9.14 million. These large numbers of liquidation orders could have a significant impact on price trends, and need to be closely monitored. Analysts point out that large institutional orders are displayed as horizontal lines on the K-line chart, with thicker lines representing larger order amounts and longer lines representing longer order durations. By observing these large institutional orders in conjunction with the open interest difference indicator, one can determine whether institutions are opening or closing positions, allowing for timely follow-up buying or selling operations. It is important to note that this information is for reference only, and investors should make their own decisions with caution and avoid blindly following the crowd.