TechFlow news, September 23: CryptoQuant analyst Axel Adler Jr. tweeted that the current net liquidation remains around -40M, reflecting ongoing long positions being liquidated, creating downward pressure on the market. However, the liquidation intensity Z-score (365-day) is at a neutral level, indicating no immediate risk of a liquidation cascade. The analyst noted that although the market is under pressure, there is a lack of key factors triggering a significant downturn, with overall risk levels remaining moderate.
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