Bitcoin futures suddenly show a liquidity gap! Bears are preparing to push through the $60,000 level
Bitcoin fell to $65,800 on Wednesday, failing multiple times to hold above $70,000. The Bitcoin futures liquidity heatmap shows a liquidity gap between $66,000 and $60,500, which may act as a magnetic pull causing the price to pass through quickly. Leveraged long positions worth over $350 million are concentrated around $60,500 awaiting liquidation. The RSI below 50 indicates limited buying pressure.
MarketWhisper·02-12 00:54
