• bitcoinBitcoin (BTC) $ 63,963.00
  • ethereumEthereum (ETH) $ 3,039.99
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 554.88
  • solanaSolana (SOL) $ 140.51
  • usd-coinUSDC (USDC) $ 1.01
  • staked-etherLido Staked Ether (STETH) $ 3,033.02
  • xrpXRP (XRP) $ 0.482075
  • dogecoinDogecoin (DOGE) $ 0.154679
  • the-open-networkToncoin (TON) $ 6.10
  • cardanoCardano (ADA) $ 0.457439
  • avalanche-2Avalanche (AVAX) $ 34.97
  • shiba-inuShiba Inu (SHIB) $ 0.000022
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 64,034.00
  • tronTRON (TRX) $ 0.110270
  • bitcoin-cashBitcoin Cash (BCH) $ 478.75
  • polkadotPolkadot (DOT) $ 6.55
  • chainlinkChainlink (LINK) $ 13.44
  • matic-networkPolygon (MATIC) $ 0.668761
  • litecoinLitecoin (LTC) $ 77.14
  • internet-computerInternet Computer (ICP) $ 12.36
  • nearNEAR Protocol (NEAR) $ 5.29
  • leo-tokenLEO Token (LEO) $ 5.85
  • uniswapUniswap (UNI) $ 7.11
  • daiDai (DAI) $ 1.00
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • aptosAptos (APT) $ 9.13
  • ethereum-classicEthereum Classic (ETC) $ 25.92
  • blockstackStacks (STX) $ 2.59
  • mantleMantle (MNT) $ 1.10
  • crypto-com-chainCronos (CRO) $ 0.127139
  • bittensorBittensor (TAO) $ 493.85
  • cosmosCosmos Hub (ATOM) $ 8.20
  • okbOKB (OKB) $ 51.97
  • filecoinFilecoin (FIL) $ 5.79
  • stellarStellar (XLM) $ 0.105997
  • immutable-xImmutable (IMX) $ 2.07
  • vechainVeChain (VET) $ 0.040557
  • render-tokenRender (RNDR) $ 7.55
  • arbitrumArbitrum (ARB) $ 1.07
  • hedera-hashgraphHedera (HBAR) $ 0.078075
  • kaspaKaspa (KAS) $ 0.116625
  • makerMaker (MKR) $ 2,855.98
  • dogwifcoindogwifhat (WIF) $ 2.46
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • the-graphThe Graph (GRT) $ 0.239597
  • optimismOptimism (OP) $ 2.22
  • pepePepe (PEPE) $ 0.000005
  • injective-protocolInjective (INJ) $ 24.21
  • wrapped-eethWrapped eETH (WEETH) $ 3,139.83
  • moneroMonero (XMR) $ 116.38
  • fetch-aiFetch.ai (FET) $ 2.00
  • theta-tokenTheta Network (THETA) $ 2.02
  • fantomFantom (FTM) $ 0.684587
  • celestiaCelestia (TIA) $ 10.38
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,355.11
  • lido-daoLido DAO (LDO) $ 1.91
  • thorchainTHORChain (RUNE) $ 5.05
  • arweaveArweave (AR) $ 25.08
  • bitget-tokenBitget Token (BGB) $ 1.16
  • galaGALA (GALA) $ 0.041906
  • ethenaEthena (ENA) $ 1.09
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,117.33
  • suiSui (SUI) $ 1.10
  • sei-networkSei (SEI) $ 0.511458
  • algorandAlgorand (ALGO) $ 0.172399
  • quant-networkQuant (QNT) $ 96.61
  • flokiFLOKI (FLOKI) $ 0.000142
  • flowFlow (FLOW) $ 0.890911
  • beam-2Beam (BEAM) $ 0.024987
  • bitcoin-svBitcoin SV (BSV) $ 67.21
  • jupiter-exchange-solanaJupiter (JUP) $ 0.976571
  • whitebitWhiteBIT Coin (WBT) $ 8.92
  • flare-networksFlare (FLR) $ 0.032800
  • aaveAave (AAVE) $ 84.68
  • bittorrentBitTorrent (BTT) $ 0.000001
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,025.67
  • coredaoorgCore (CORE) $ 1.39
  • neoNEO (NEO) $ 16.53
  • ribbon-financeRibbon Finance (RBN) $ 1.18
  • tokenize-xchangeTokenize Xchange (TKX) $ 13.65
  • ondo-financeOndo (ONDO) $ 0.753742
  • ecasheCash (XEC) $ 0.000054
  • starknetStarknet (STRK) $ 1.46
  • zebec-protocolZebec Network (ZBCN) $ 0.020692
  • nervos-networkNervos Network (CKB) $ 0.023844
  • wormholeWormhole (W) $ 0.578716
  • bonkBonk (BONK) $ 0.000016
  • elrond-erd-2MultiversX (EGLD) $ 38.49
  • axie-infinityAxie Infinity (AXS) $ 7.02
  • singularitynetSingularityNET (AGIX) $ 0.778441
  • ordinalsORDI (ORDI) $ 47.28
  • tezosTezos (XTZ) $ 1.01
  • jasmycoinJasmyCoin (JASMY) $ 0.019534
  • the-sandboxThe Sandbox (SAND) $ 0.420650
  • dydx-chaindYdX (DYDX) $ 2.04
  • gatechain-tokenGate (GT) $ 7.10
  • roninRonin (RON) $ 2.97
  • havvenSynthetix Network (SNX) $ 2.78
  • cheeleeCheelee (CHEEL) $ 15.64
  • chilizChiliz (CHZ) $ 0.100130
  • conflux-tokenConflux (CFX) $ 0.225977
  • pyth-networkPyth Network (PYTH) $ 0.580126
  • msolMarinade staked SOL (MSOL) $ 164.79
  • worldcoin-wldWorldcoin (WLD) $ 4.64
  • eosEOS (EOS) $ 0.743977
  • gnosisGnosis (GNO) $ 325.82
  • kucoin-sharesKuCoin (KCS) $ 8.73
  • mina-protocolMina Protocol (MINA) $ 0.748447
  • decentralandDecentraland (MANA) $ 0.422949
  • akash-networkAkash Network (AKT) $ 3.41
  • aerodrome-financeAerodrome Finance (AERO) $ 1.89
  • heliumHelium (HNT) $ 4.57
  • apecoinApeCoin (APE) $ 1.17
  • echelon-primeEchelon Prime (PRIME) $ 19.43
  • iotaIOTA (IOTA) $ 0.226570
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,053.37
  • usddUSDD (USDD) $ 0.994599
  • nexoNEXO (NEXO) $ 1.26
  • kavaKava (KAVA) $ 0.642353
  • frax-etherFrax Ether (FRXETH) $ 3,005.35
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.71
  • dexeDeXe (DEXE) $ 11.86
  • axelarAxelar (AXL) $ 1.05
  • swethSwell Ethereum (SWETH) $ 3,193.77
  • fraxFrax (FRAX) $ 0.998197
  • klay-tokenKlaytn (KLAY) $ 0.178960
  • aioz-networkAIOZ Network (AIOZ) $ 0.598404
  • lido-staked-solLido Staked SOL (STSOL) $ 164.36
  • corgiaiCorgiAI (CORGIAI) $ 0.001843
  • dydxdYdX (ETHDYDX) $ 2.04
  • bitcoin-goldBitcoin Gold (BTG) $ 36.05
  • osmosisOsmosis (OSMO) $ 0.955836
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000029
  • blurBlur (BLUR) $ 0.405953
  • oasis-networkOasis Network (ROSE) $ 0.090387
  • radixRadix (XRD) $ 0.056940
  • dymensionDymension (DYM) $ 3.62
  • illuviumIlluvium (ILV) $ 92.73
  • mantra-daoMANTRA (OM) $ 0.725144
  • pups-ordinalsPUPS (Ordinals) (PUPS) $ 75.09
  • tether-goldTether Gold (XAUT) $ 2,361.27
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,233.80
  • pendlePendle (PENDLE) $ 5.76
  • based-brettBrett (BRETT) $ 0.065426
  • astarAstar (ASTR) $ 0.098424
  • fasttokenFasttoken (FTN) $ 1.77
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000094
  • theta-fuelTheta Fuel (TFUEL) $ 0.082184
  • altlayerAltLayer (ALT) $ 0.419255
  • wemix-tokenWEMIX (WEMIX) $ 1.49
  • woo-networkWOO (WOO) $ 0.279608
  • curve-dao-tokenCurve DAO (CRV) $ 0.437041
  • manta-networkManta Network (MANTA) $ 2.06
  • true-usdTrueUSD (TUSD) $ 1.00
  • mx-tokenMX (MX) $ 5.14
  • xdce-crowd-saleXDC Network (XDC) $ 0.035807
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,269.71
  • iotexIoTeX (IOTX) $ 0.052653
  • ocean-protocolOcean Protocol (OCEAN) $ 0.803619
  • stepnGMT (GMT) $ 0.243150
  • ether-fiEther.fi (ETHFI) $ 4.05
  • 1inch1inch (1INCH) $ 0.402890
  • book-of-memeBOOK OF MEME (BOME) $ 0.008450
  • apenftAPENFT (NFT) $ 0.00000047
  • skaleSKALE (SKL) $ 0.087967
  • pax-goldPAX Gold (PAXG) $ 2,449.75
  • enjincoinEnjin Coin (ENJ) $ 0.312374
  • zilliqaZilliqa (ZIL) $ 0.023995
  • polymeshPolymesh (POLYX) $ 0.411219
  • jeo-bodenJeo Boden (BODEN) $ 0.626323
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.01
  • terra-luna-2Terra (LUNA) $ 0.600968
  • celoCelo (CELO) $ 0.768407
  • ravencoinRavencoin (RVN) $ 0.029879
  • project-galaxyGalxe (GAL) $ 3.87
  • ankrAnkr Network (ANKR) $ 0.040961
  • biconomyBiconomy (BICO) $ 0.543817
  • 0x0x Protocol (ZRX) $ 0.476777
  • memecoin-2Memecoin (MEME) $ 0.026011
  • ethereum-name-serviceEthereum Name Service (ENS) $ 12.88
  • compound-wrapped-btccWBTC (CWBTC) $ 1,284.94
  • rocket-poolRocket Pool (RPL) $ 19.70
  • superfarmSuperVerse (SUPER) $ 0.874213
  • qtumQtum (QTUM) $ 3.76
  • holotokenHolo (HOT) $ 0.002205
  • siacoinSiacoin (SC) $ 0.006922
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.60
  • aelfaelf (ELF) $ 0.523039
  • stader-ethxStader ETHx (ETHX) $ 3,101.79
  • amp-tokenAmp (AMP) $ 0.006653
  • frax-shareFrax Share (FXS) $ 4.76
  • origintrailOriginTrail (TRAC) $ 0.913537
  • raydiumRaydium (RAY) $ 1.40
  • casper-networkCasper Network (CSPR) $ 0.030620
  • basic-attention-tokenBasic Attention (BAT) $ 0.244056
  • livepeerLivepeer (LPT) $ 11.28
  • golemGolem (GLM) $ 0.357350
  • compound-governance-tokenCompound (COMP) $ 51.87
  • safepalSafePal (SFP) $ 0.763491

Short squeeze alert: 3 cryptocurrencies with pump potential this week

0 18

A sentiment shift took place in the cryptocurrency market, pivoting from mostly bullish to mostly bearish in a few days. A $230 billion crash in 24 hours liquidated over 240,000 traders in more than $500 million long positions.

In this context, cryptocurrencies saw a relevant increase in the volume of short positions, creating imbalances that now threaten a short squeeze. If the open interest remains dominated by Bitcoin short-sellers, they could be the next victims of massive liquidations.

Nevertheless, such a state can create opportunities for savvy traders who know where to look. For this reason, Finbold turned to liquidation data on CoinGlass and identified three cryptocurrencies likely to experience a short squeeze.

Short squeeze alert for Bitcoin (BTC)

Bitcoin (BTC) is the first cryptocurrency to trigger a short-squeeze alert with now accumulated liquidity to the upside.

In particular, CoinGlass’s weekly chart shows concentrated short-sellers liquidations at $74.346, which can become a target. Yet, there are smaller liquidity pools at other levels and a short squeeze could drive the price above $75,000.

Short squeeze alert: 3 cryptocurrencies with pump potential this week

Additionally, MartyParty spotted $8.1 billion of liquidations at $75,500, making it a relevant zone to consider.

Short squeeze alert: 3 cryptocurrencies with pump potential this week

Ethereum (ETH)

Meanwhile, Ethereum (ETH) also has some pump potential with many liquidity pools to the upside. However, ETH’s liquidation volume is proportionally smaller, weighted to its market cap and historical liquidations.

Still, some price levels gain the spotlight with higher leverage margin calls. On that, $3,600, $3,700, and above $4,000 are likely targets for a short squeeze.

Short squeeze alert: 3 cryptocurrencies with pump potential this week

As observed, opening leveraged short positions exposes traders to liquidations and incentivizes the market to go in the opposite direction of what most speculators are biased toward.

The cryptocurrency market is highly volatile and professional traders take advantage of this nature to increase their profits. Therefore, caution is needed when speculating and trading cryptocurrencies.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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