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CoinMarketCap crypto heatmap showing all red indicates that the overall cryptocurrency market is experiencing a bearish trend with short liquidations dominating. Here are the key points:💥🔨 ➡️ A crypto heatmap is a visual tool that provides an at-a-glance view of the relative strengths of different cryptocurrencies across multiple timeframes. ➡️The colors on the heatmap represent the performance of each crypto asset. ➡️Green indicates the asset is above the prior bar's high, showing strength. ➡️ Red indicates the asset is below the prior bar's low, showing weakness. ➡️The darker the red color, the more bearish the price action. If most cryptocurrencies on the heatmap are displayed in dark red, it suggests an overall bearish market trend. ➡️ Short liquidations occur when traders who have bet on the price of an asset going down are forced to close their positions due to the price moving against them. ➡️ When short liquidations dominate across multiple cryptocurrencies, it indicates that the market is experiencing a bearish phase where prices are declining. So in summary, the CoinMarketCap crypto heatmap showing all red tiles suggests that the cryptocurrency market is currently in a bearish state, with short liquidations exceeding long liquidations across most major crypto assets. #crypto #heatmap #heatmapupdate
CoinMarketCap crypto heatmap showing all red indicates that the overall cryptocurrency market is experiencing a bearish trend with short liquidations dominating.

Here are the key points:💥🔨

➡️ A crypto heatmap is a visual tool that provides an at-a-glance view of the relative strengths of different cryptocurrencies across multiple timeframes.

➡️The colors on the heatmap represent the performance of each crypto asset.

➡️Green indicates the asset is above the prior bar's high, showing strength.

➡️ Red indicates the asset is below the prior bar's low, showing weakness.

➡️The darker the red color, the more bearish the price action. If most cryptocurrencies on the heatmap are displayed in dark red, it suggests an overall bearish market trend.

➡️ Short liquidations occur when traders who have bet on the price of an asset going down are forced to close their positions due to the price moving against them.

➡️ When short liquidations dominate across multiple cryptocurrencies, it indicates that the market is experiencing a bearish phase where prices are declining.

So in summary, the CoinMarketCap crypto heatmap showing all red tiles suggests that the cryptocurrency market is currently in a bearish state, with short liquidations exceeding long liquidations across most major crypto assets.
#crypto #heatmap #heatmapupdate
Hi! Briefing on markets: 🪙 = $66997 / ⚪️ = $3682. I went to bed a bit early last night, I didn't wait for the most interesting thing. ETF on ETH was accepted, but the most interesting thing is that the market started to fall after this news 🤣. During the growth of ETH from 3000$ to 3700$ ETF approval was already built into the price, that's why we didn't see any growth at night. History will repeat 1 in 1 as it was with BTC, give a little time and we will see ETH at 4500$. #ETHETFsApproved #Tradin #heat #heatmapupdate
Hi! Briefing on markets:

🪙 = $66997 / ⚪️ = $3682.

I went to bed a bit early last night, I didn't wait for the most interesting thing. ETF on ETH was accepted, but the most interesting thing is that the market started to fall after this news 🤣. During the growth of ETH from 3000$ to 3700$ ETF approval was already built into the price, that's why we didn't see any growth at night. History will repeat 1 in 1 as it was with BTC, give a little time and we will see ETH at 4500$.

#ETHETFsApproved #Tradin #heat #heatmapupdate
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