65.6k is the long/short tipping point—if it breaks through, it means a billion-dollar liquidation, and the bears can’t sleep.

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AriaNaka
$BTC position size in 1 year, short positions currently hold the advantage.

However, the situation changes if it breaks through 65.6k.

If it reaches 65.6k, short positions worth $1.05B will be liquidated, and in this case, long positions will gain the upper hand.
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