$BTC Liquidations are above price from $76k to $85k but the thing is we are have already hunted the majority of shorts in this region. However the liquidations that start from $65k to $53k make a lot of fear for us right now.
Imagine BTC at 97k, people thinking it's a normal correction and they long. We think market will go to $100k but it didn't.
When it flipped it hunted all the longs below creating fresh lows instead.
This is what a bear market behaviour is. Not saying it will happen again but there are a lot of chances. Until macro structure changes, I suggest not to open any spot, or leverage longs here as you are alreayd late.
It's a financial advice.