I just reviewed the BTC liquidation map and the situation is quite tense right now. Liquidity is accumulating on both sides of the market, both up and down, which means traders are heavily betting in both directions.



The levels I am monitoring on this Bitcoin liquidation map are: 70,400, 69,500, and 67,900. These are the closest points where significant movements could occur. The market is overheated, so anything could happen in the next few hours.

Honestly, with this distribution of liquidations, the price could break upward or drop quickly. It's better to wait for the direction to be defined before making big moves.
BTC-0.69%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin