Currently, there are two obvious CME gaps in BTC


The upper one is near 84,000 / the lower one is near 67,000
The liquidation size associated with the two is vastly different
If the upside gap at 84,000 is filled
It will trigger stop-losses on shorts of about 3+ billion
This is a typical short-squeeze market
If the downside gap at 67,000 is filled
It is not an ordinary pullback
Instead, it will directly trigger a stampede among more than 10 billion USD worth of longs
The market will face a huge shock
From a liquidity perspective, there is liquidity above
And liquidity is even greater below
If the market drops first and then rises, it is extremely risky for those trading derivatives
It is estimated that 90% of people will be “wiped out” due to liquidation#Gate广场五月交易分享
BTC0.74%
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