I looked at the latest $BTC exchange liquidation map and feel that it's not that there is no market, but that we are waiting for a trend to be confirmed.
If it breaks down below 88,000:
There are about 1 billion US dollars in long positions waiting to be liquidated on the bullish side.
Once it breaks through, stop-losses and forced liquidations will hit together, and the decline will become very fast and fierce.
If it breaks up above 92,000:
There are also about 1 billion US dollars in short positions on the bearish side.
If it really goes up, it will trigger a short squeeze, and short covering will push the price up.
Here comes the key👇
This liquidation map does not tell you "how much will be liquidated," but rather tells you:
When the price reaches this point, market sentiment and liquidity will instantly get out of control.
So this stage is not suitable for betting on direction; it feels more like grinding, washing positions, and tricking both bulls and bears. The real big volatility will definitely be at the moment the liquidation area is triggered.
