#Liquidations
📊 Bitcoin: Liquidation and Short Squeeze Chart 📈
While the market is stuck at $70,300, let's see where the market maker is preparing the next strike. Liquidation charts from Coinglass (Binance and Hyperliquid) give a clear picture of the "fuel".
🔍 Main analysis theses:
1. Imbalance at the top: The green line of cumulative short liquidations looks like a vertical wall. This means that as the price rises, a chain reaction will begin - short liquidations will themselves push the price higher, creating a "Short Squeeze".
2. Magnetic zones (Binance):
• $71,500 - $72,500: The first cascade of stops.
• $75,000 - $77,500: The main target. Billions of dollars of liquidity are concentrated here. This is the main zone of attraction for the near future.
3. Support from below: Long liquidity (red zone) looks much more modest. The nearest area of interest for collecting "long stops" is $67,000 - $68,500.
📉 Expected movement:
The most likely scenario is an impulse exit to the upside.
• Scenario A: A direct breakdown of $71,000 and a flight to $75,000+ fueled by shorts.
• Scenario B: A local "stab" down to $69,000 (withdrawal of early longs), followed by a rapid reversal and a hike following the main volume from above.
⚠️Conclusion:
The market is currently overloaded with short positions. From a liquidity point of view, a hike to the upside is the path of least resistance and the greatest profit for large capital.