🚨🔥 BTC IS LOSING MOMENTUM AND MANY ARE MISSING IT 👀📉🐳
👀 Keep an eye out because there's something many are overlooking while only focusing on the price
The bounce from $BTC managed to liquidate a good chunk of #short s along the way 🚀🔥
A few days ago, we had a massive imbalance favoring bullish liquidations
Now the situation has changed quite a bit
📊 Currently, we have:
💰 Approximately $6.5B in short liquidations up top
💰 Approximately $4B in long liquidations below
The advantage is still above, but it’s not the crazy scenario we saw just days ago 😅
🐳 What’s interesting is that late shorts have been hit pretty hard
And while that was happening, the #long started accumulating below the price again
🧠 My personal read is simple
✅ I still see a possible rise towards 65k-66k
✅ There’s still attractive liquidity above
✅ Market makers might want to cash in on those remaining shorts
But...
⚠️ Each impulse is looking weaker
⚠️ Each rise is facing more sellers
⚠️ The imbalance between longs and shorts is normalizing
That usually means the bounce is starting to run out of steam ⛽
🔥 If #BTC hits the 65k-66k zone and we see strong rejection, I wouldn't be surprised to see another liquidity hunt lower
Damn, this zone is looking sweet because both sides think they're right 😅🐳
And we know who usually wins when that happens...
The market makers 💀🔥
👀 Do you think BTC still has the strength to break 66k or are we witnessing the last short squeeze before another bearish shakeout? 🚀📉🐳🔥💰
👀 Keep an eye out because there's something many are overlooking while only focusing on the price
The bounce from $BTC managed to liquidate a good chunk of #short s along the way 🚀🔥
A few days ago, we had a massive imbalance favoring bullish liquidations
Now the situation has changed quite a bit
📊 Currently, we have:
💰 Approximately $6.5B in short liquidations up top
💰 Approximately $4B in long liquidations below
The advantage is still above, but it’s not the crazy scenario we saw just days ago 😅
🐳 What’s interesting is that late shorts have been hit pretty hard
And while that was happening, the #long started accumulating below the price again
🧠 My personal read is simple
✅ I still see a possible rise towards 65k-66k
✅ There’s still attractive liquidity above
✅ Market makers might want to cash in on those remaining shorts
But...
⚠️ Each impulse is looking weaker
⚠️ Each rise is facing more sellers
⚠️ The imbalance between longs and shorts is normalizing
That usually means the bounce is starting to run out of steam ⛽
🔥 If #BTC hits the 65k-66k zone and we see strong rejection, I wouldn't be surprised to see another liquidity hunt lower
Damn, this zone is looking sweet because both sides think they're right 😅🐳
And we know who usually wins when that happens...
The market makers 💀🔥
👀 Do you think BTC still has the strength to break 66k or are we witnessing the last short squeeze before another bearish shakeout? 🚀📉🐳🔥💰