Just checked the BTC liquidity picture and it's pretty interesting. We've got a decent wall of liquidity stacked up around 75k, which makes sense as a resistance level. On the flip side, there's some serious buying interest sitting below us—heavy pockets hanging around 62k to 60k range.

What caught my eye is the distribution right now. Most of the liquidity is actually below current price, with a dense cluster forming around 65k-66k. There's also some residual pocket at 70k. The biggest leverage position liquidation is sitting at 63.8k, which is roughly a 250 million dollar magnet—that's the kind of level that tends to pull price action.

Positioning-wise, we're still long-heavy, though yesterday flushed some of those positions already. The delta on liq levels is around +150, so there's room to move. The thing is, the liquidity distribution slightly favors a downside sweep first, which is pretty typical after the kind of pump we saw on Monday. Not saying we're definitely going down immediately—I'm just staying reactive and watching how price interacts with these levels.