Liquidity is still rotating, but the pressure map is clearly shifting again — shorts are getting forced out harder, while selective long pockets continue to absorb hits.
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$THETA Short Liquidation: $5.2085K at $0.2373
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$XLM Short Liquidation: $9.4098K at $0.17384
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$INJ Long Liquidation: $9.498K at $3.34519
what this tape is showing is not a clean breakout phase — it’s leverage compression. shorts getting squeezed into exits while longs are still vulnerable in overextended pockets.
XLM and THETA stand out here — short liquidations stacking means sellers were leaning too aggressively into downside continuation. that imbalance gets punished fast when price reclaims even slightly.
INJ is the counterweight — one of those long-side flushes that reminds you the market is still hunting both directions, not rewarding conviction either way.
TP levels are still acting less like targets and more like trigger zones. price touches them, forces liquidation, then instantly loses momentum — that’s why moves feel sharp but untrustworthy.
TP
TP
TP
no clean trend yet. just a market actively burning leverage before it decides which side gets left exposed next.
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