$BTC Whale betting on a 5x long position being liquidated, leak of the liquidation map: first pull up then smash down, specifically killing trend-following dogs!

If you want to make money, don’t die first, understand the dealer’s script before playing.

Now BTC is swinging around 61200 dollars, looks like it might fall or not. The technical side has already broken support, above 62000 is a big risk, BlackRock just deposited over 1500 coins, could crash at any time. Below 60500 is the lifeline for bulls.

Look at the liquidation map again: around 56000 dollars, there are 11,400 short orders stacked, which is a deliberate “trap” by the dealer to lure longs. But now near the price, longs have already been wiped out in a wave. To put it simply: pulling up doesn’t cost much, but smashing down can bury all the longs.

The news side is even more divided: a big trader withdrew 2341 coins from the exchange in 5 days, but BlackRock deposited 1564 coins into the exchange. There’s also a gambler who opened a 5x long position with 812 coins, already losing 260,000 dollars. Such “stubborn” traders often become fuel.

My personal experience: on June 8th, there was also a situation of “withdrawing coins while depositing coins,” and the next day it plummeted 3%. This time, it’s highly likely they will pretend to push to 62000 first, trick the short squeeze, then reverse and smash down to 58800.

Operation ideas:
Long: wait until it drops to 61000-61500 before entering with a small position
Short: enter around the current price of 62900.

The dealer has already drawn the exit door on the liquidation map. Strictly set stop-loss levels.

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