🚨 $BTC : Short Liquidation Complete! What’s Next?
Bitcoin just pushed to $77,205 and completely wiped out all the short positions from the last 3 months!
Looking at the 90-Day Liquidation Map, here is what the data shows in simple terms:
Shorts are gone: All the trader stop-losses above $62K-$76K have been hit. There are almost no short positions left to squeeze above us.
Longs are building up: Below the current price, a lot of traders are now opening long positions.
Liquidity Magnet: Crypto prices love to move toward big clusters of money. Since the top side is cleared, the price naturally wants to pull back down to grab the lower liquidity.
💡 The Bottom Line:
When overhead shorts are cleared, a quick drop or cooling-off period is usually the most likely move before the next big rally.
Key levels to watch for a pullback:
$74,500 – $75,000 (First support level)
$72,500 (Big pool of long liquidations)
Are you taking profit here? or still waiting? I recommend you to take your profits or either set stops in profit on all your running trades!..
Bitcoin just pushed to $77,205 and completely wiped out all the short positions from the last 3 months!
Looking at the 90-Day Liquidation Map, here is what the data shows in simple terms:
Shorts are gone: All the trader stop-losses above $62K-$76K have been hit. There are almost no short positions left to squeeze above us.
Longs are building up: Below the current price, a lot of traders are now opening long positions.
Liquidity Magnet: Crypto prices love to move toward big clusters of money. Since the top side is cleared, the price naturally wants to pull back down to grab the lower liquidity.
💡 The Bottom Line:
When overhead shorts are cleared, a quick drop or cooling-off period is usually the most likely move before the next big rally.
Key levels to watch for a pullback:
$74,500 – $75,000 (First support level)
$72,500 (Big pool of long liquidations)
Are you taking profit here? or still waiting? I recommend you to take your profits or either set stops in profit on all your running trades!..
