#Overview of liquidations:

#Btc
Short squeeze in action
In the last 24 hours, the market experienced a serious 'shake-up'. The total liquidation volume amounted to $360.53M.
Statistics by sides:
🔻 Shorts: $209.22M (main hit)
🔺 Longs: $151.31M
Key figures:
• More than 92,000 traders were forced out of the market.
• The largest 'check' — $8.08M in BTC.
🔍 What happened?
We saw a classic impulse on the sellers' stops. The market sharply removed the accumulated liquidity from above (which I wrote to you about yesterday), strengthening the movement due to a cascade of short liquidations.

💡 Thoughts on the market:
— Short overload is partially removed.
— After such an impulse, the price often goes sideways or undergoes a technical pullback.
— Entering 'at the market' now is dangerous — it's better to wait for the formation of a new structure and confirmation.
Trade systematically, not emotionally. ⚡️

🏝️ We are now entering the range of 70-75, but this does not mean that a drop below the round mark of 70 is not possible!
Everything is possible = those who are not ready to take risks and lose funds will be better off on the sidelines!
🌋 The situation in the world is not very good, I am buying oil 😎 to refuel my scooter 🫣 Prices have been seen)
#BRN
🔼 Resistance: 83
🔽 Target decline: 75 - 76
🚛 Waiting: continuation of the correction
@TradeNet_3000_ai
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