🚨 THE LIQUIDITY MAP HAS JUST COMPLETELY CHANGED 🩸🔥
👀 Keep your eyes peeled because this is precisely what many are missing
follow me to stay informed
Yesterday, the market swept over $2.39B in liquidations and most were #long s 😭
🐳 In the image of #coinglass , it's clear that a large portion of the liquidity that was beneath has already been absorbed during the drop from 71.3k to 65.4k
📉 The drop did exactly what it was supposed to do
✅ Liquidate longs
✅ Generate extreme fear
✅ Flush out the #trader s with heavy leverage
🔥 Now comes the interesting part
The zone between 67.5k and 75k appears much more loaded than the remaining liquidity below
💰 That means if demand #Spot comes in or the selling pressure halts, the market has a massive incentive to rise and start liquidating #short s
🐻 The issue is that the flow remains bearish
There's still fear
There's still selling
There's still uncertainty
⚠️ So that doesn't mean that $BTC is heading straight to 75k tomorrow
What it means is that the most attractive liquidity for the market makers is now above
📊 The zone I would watch would be:
🩸 63.5k - 66k as the last cleanup
🚀 67.5k - 75k as the main liquidity magnet
🐳 If BTC manages to reclaim 67.9k-68k strongly, many shorts could start to get trapped
😳 And that could trigger quite a violent short squeeze
🔥 My reading is simple:
The drop did a lot of damage
The longs have already been sacrificed
Now the market needs to decide whether to hunt for the last pockets of liquidity at 64k or to start the short hunt towards 70k-75k
🐳 The market makers have already taken their toll on the longs
👀 Will it be the shorts' turn to pay the bill now? 🩸🚀🔥
👀 Keep your eyes peeled because this is precisely what many are missing
follow me to stay informed
Yesterday, the market swept over $2.39B in liquidations and most were #long s 😭
🐳 In the image of #coinglass , it's clear that a large portion of the liquidity that was beneath has already been absorbed during the drop from 71.3k to 65.4k
📉 The drop did exactly what it was supposed to do
✅ Liquidate longs
✅ Generate extreme fear
✅ Flush out the #trader s with heavy leverage
🔥 Now comes the interesting part
The zone between 67.5k and 75k appears much more loaded than the remaining liquidity below
💰 That means if demand #Spot comes in or the selling pressure halts, the market has a massive incentive to rise and start liquidating #short s
🐻 The issue is that the flow remains bearish
There's still fear
There's still selling
There's still uncertainty
⚠️ So that doesn't mean that $BTC is heading straight to 75k tomorrow
What it means is that the most attractive liquidity for the market makers is now above
📊 The zone I would watch would be:
🩸 63.5k - 66k as the last cleanup
🚀 67.5k - 75k as the main liquidity magnet
🐳 If BTC manages to reclaim 67.9k-68k strongly, many shorts could start to get trapped
😳 And that could trigger quite a violent short squeeze
🔥 My reading is simple:
The drop did a lot of damage
The longs have already been sacrificed
Now the market needs to decide whether to hunt for the last pockets of liquidity at 64k or to start the short hunt towards 70k-75k
🐳 The market makers have already taken their toll on the longs
👀 Will it be the shorts' turn to pay the bill now? 🩸🚀🔥