WARNING: THE "TRAPPED" DANGEROUS AREA OF BTC ($105k)
Brothers pay attention. BTC is trading extremely sensitively around the mark of $105k. $BTC
Just checked the "Liquidation Map", the situation is "a thousand pounds hanging by a thread". The price is trapped between 2 huge liquidation zones:
THE LOWER SIDE
A "pool" of Long liquidity worth BILLIONS OF DOLLARS is waiting in the range of $101.5k - $104.5k. This is a very tempting and very close "bait" for MM (Big Fish) to ignore.
THE UPPER SIDE: A cluster of Short Orders is also waiting at $107.5k - $108.5k.
My assessment: The most likely scenario in the short term is a "Long Sweep" (Stop Hunt) – meaning the price will experience a sudden, strong drop to the area of $102k to "sweep" all Long positions, and then decide the next direction.
Advice:
This area is extremely volatile. Brothers trading futures/margin must set Stop Loss (SL) tightly. If anyone is not confident, it is best to stay outside and observe. Don't let MM take your money unnecessarily.
