✅Good Morning Friends
🔪 Right now, the market is starting to be dominated by the short sellers 👀📊
📌 On the liquidation map, the situation looks really interesting:
🪙If BTC skyrockets to $70,000, the liquidation volume of SHORT positions could exceed $5 billion 🤯
🪙The picture for ETH is similar — if it rises to $1880, over $3.1 billion in SHORT positions could get liquidated.
🤔 This is why I keep saying: despite the weak chart, opening up too many large shorts right now is risky.
🔥 The more short sellers pile in at the bottom, the stronger the potential short squeeze could be.
🚀 If some good news comes out or big players decide to hunt for liquidity, the upward movement could be very sharp and painful for the bears.
👀 While everyone is looking down, liquidity is gradually building up above. And the market loves to go where the money is. 💰📈🔥#btc70k $BTC $ETH
🔪 Right now, the market is starting to be dominated by the short sellers 👀📊
📌 On the liquidation map, the situation looks really interesting:
🪙If BTC skyrockets to $70,000, the liquidation volume of SHORT positions could exceed $5 billion 🤯
🪙The picture for ETH is similar — if it rises to $1880, over $3.1 billion in SHORT positions could get liquidated.
🤔 This is why I keep saying: despite the weak chart, opening up too many large shorts right now is risky.
🔥 The more short sellers pile in at the bottom, the stronger the potential short squeeze could be.
🚀 If some good news comes out or big players decide to hunt for liquidity, the upward movement could be very sharp and painful for the bears.
👀 While everyone is looking down, liquidity is gradually building up above. And the market loves to go where the money is. 💰📈🔥#btc70k $BTC $ETH