$BTC stuck in a bit of a standstill, but the liquidation data is starting to tell a pretty clear story. Shorts are growing increasingly bold there’s nearly $1 billion in short liquidation clusters stacked between $72K and $82K. That’s a huge pool of liquidity waiting to be tapped if momentum shifts.

To trigger that kind of squeeze and kick off a meaningful relief rally, bulls would need to push prices up roughly 15% a tall order in a market that’s barely been able to sustain a bounce for two days straight.

On the flip side, there’s a dense layer of long liquidations just beneath current price levels. And that’s looking like the easier target right now. Price seems to be drifting toward that zone, slowly wiping out the low-hanging fruit on the downside.

The concern is that every time those downside clusters get cleared, it makes the eventual climb back up that much heavier. And if we can’t reclaim $66K, it’s only a matter of time before that long liquidity gets taken out too.
#StrategyBTCPurchase