$BTC has encountered an unusual liquidation imbalance.
Blave's liquidation map shows clear liquidation clusters both above and below the current price. Additionally, recent changes in the liquidation chart reveal a new imbalance in the OI ratio, indicating that both long and short liquidation pressures are accumulating around the current price. The upper liquidation cluster is at $64,830.20–$65,154.76 (2.14), and the lower cluster is at $62,605.86–$62,919.28 (2.40).
This will prompt market makers to start liquidating positions, so watch out for short squeeze / long liquidation cascade risks.
Data sourced from blave.org, not intended as investment advice.
#BTC #Liquidation #liquidation map
Blave's liquidation map shows clear liquidation clusters both above and below the current price. Additionally, recent changes in the liquidation chart reveal a new imbalance in the OI ratio, indicating that both long and short liquidation pressures are accumulating around the current price. The upper liquidation cluster is at $64,830.20–$65,154.76 (2.14), and the lower cluster is at $62,605.86–$62,919.28 (2.40).
This will prompt market makers to start liquidating positions, so watch out for short squeeze / long liquidation cascade risks.
Data sourced from blave.org, not intended as investment advice.
#BTC #Liquidation #liquidation map