This time you propose a short-term bet (KOL that everyone knows)

In the price chart, I have identified the 76.5K area as a strong support level. This is also the area where a large amount of long positions have been accumulated beforehand.
The price recently had a drop to this level to perform two tasks:
Check the strength of the strong support area.
Clear out most of the long orders existing around the 76.5K area.
When looking at the current liquidation heatmap, we can clearly see that below this price level, there is not much accumulated liquidity or significant long orders left. In contrast, above the current price level, especially in the 84.8K area, there is a large accumulation of liquidity and many short positions are concentrated here.
Although this data is not enough to confirm 100% the next direction, when we see the price trying to hold strong above the support area, I believe there is a high possibility of a bounce (price reaction) from here.
Normally, I would express myself more clearly and decisively, but due to the recent fluctuations that have often caused us to go against the trend, I think this phase requires a more cautious approach. The most important thing right now is that the price must hold firm and close the weekly candle above this support area.
Let's continue to monitor, everyone! #Colecolen $BTC
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