BTC $79,100 | Only 1.4% away from the $1 billion liquidation threshold


Longs' stop-loss orders are becoming the bullets for shorts.
Coinglass data:
Below $78k → $1 billion in long positions heavily liquidated
Above $80,458 → $640 million in short positions heavily liquidated
Distance from now: below -1.4%, above +1.7%
The asymmetry is here—
Breaking below $78K: $1 billion liquidation → stepping on the on-chain Realized Price ~$70K as hard support
Rebound to $80.5K: short squeeze → immediately hitting $82K 200-day moving average + $2.6 billion options negative Gamma wall
On May 13, ETF net outflow of $638 million in a single day, the largest in 3 months. BlackRock IBIT alone issued $285 million.
Bullish logic: "$79K is support."
Bearish logic: "$78K is the trigger."
Only 1.4% difference, no reason needed. #Gate广场五月交易分享 $BTC
BTC-2.9%
IBIT-0.08%
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AHeadOfBlackHair
· 37m ago
I hold a short position, give me control, give me the short, occupy the palace
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