$BTC An abnormal liquidation imbalance has occurred.
Blave’s liquidation map shows that there are clearly defined dense liquidation areas both above and below the current price. At the same time, based on the liquidation change chart, the recent increase in the proportion of new liquidation OI is showing an imbalance, indicating that liquidation pressure is accumulating on both the long and short sides above and below the current price. The dense liquidation zone below is $64,362.78–$64,685.00 (3.80%).
This will likely cause market makers to begin liquidating; be aware of the risk of a short squeeze / long liquidation cascade.
Data source: blave.org; not investment advice.
#BTC #Liquidation #liquidation map
Blave’s liquidation map shows that there are clearly defined dense liquidation areas both above and below the current price. At the same time, based on the liquidation change chart, the recent increase in the proportion of new liquidation OI is showing an imbalance, indicating that liquidation pressure is accumulating on both the long and short sides above and below the current price. The dense liquidation zone below is $64,362.78–$64,685.00 (3.80%).
This will likely cause market makers to begin liquidating; be aware of the risk of a short squeeze / long liquidation cascade.
Data source: blave.org; not investment advice.
#BTC #Liquidation #liquidation map