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Bit long and short are in a stalemate, and the liquidation map reveals key signals!
From the current liquidation map, if Bit breaks through 89,000, the cumulative short liquidation intensity of mainstream CEX will reach 958 million.
On the contrary, if the Bit falls below 85,000, the cumulative liquidation intensity of long positions on mainstream CEX will reach 1.483 billion.
Indicates that the current market bullish sentiment is warming up, and everyone is relatively optimistic. The more chips accumulated, once institutions initiate a liquidation, it will definitely lean towards the bullish side. Currently, everyone leans towards bullishness, which may lead to significant losses for bulls. Caution is needed when bottom-fishing, and high shorts offer better cost-effectiveness!