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The forced buying is done and the $883M in short liquidations at $71.8K has been swept with most of the fuel already burned.
Below current price, there are now fresh long liquidations around $67K. These are most likely the traders who bought the "breakout" today. They are the new fuel.
Above current price, the density gap between $72K-$74K is still there and the asymmetry that was 5:1 skewed to the upside is now more balanced with downside liquidity created by today's rally.
I am slowly positioning into a short between here and $75K. The gap between $72K-$74K is where this rally most likely will die. And the fresh longs below become the fuel for the next leg down.
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
$SOL
{spot}(SOLUSDT)