Bitcoin without fuel

I'm looking at the heat map of BTC liquidations over the last 24 hours — and so far, there's no intrigue. The price is stuck in a narrow range, with about $9 million in liquidity sitting above at 72k, and around $8 million below at 70k.

This means there isn't much for the market to run on. When there are no fat zones of liquidations nearby, the price usually doesn't shoot up; it just languidly flops back and forth. This is essentially what we are seeing now.

So far, everything is very prosaic: no liquidity — no normal growth.

Without a strong magnet, Bitcoin is unlikely to show anything beautiful. It's more likely to continue to frustrate everyone with this sideways movement until it gathers the reason for normal movement.

Right now, I am focusing less on loud expectations and more on where new liquidity will start to accumulate. That's where the price will be dragged later.$BNB $BTC $XRP