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Liquidation Heatmap: After the longs got liquidated over the past week, there are currently a lot of shorts that have piled in at $78K-$79K, which I expect to get squeezed relatively soon.
As I've said before, I believe that this range is purely meant to wreck overleveraged traders and the only thing we should do as investors, as long as the market structure continues to hold is absolutely nothing.
Overtrading is what market makers want us to do.