The center has been added to the city, followed by admiration for the account. For more profitable Chinese conditions 🎁🎁🥳🥳🔥🔥🔥$AMZNB #FASBProposesStablecoinsAsCashEquivalents
Post
只会呐喊的尖刀手
·
--
When data shows that BTC breaks above the $69,000 mark, within a short period of time there are short liquidations exceeding $1 billion. Forced short covering becomes an important fuel for the rally.
From open interest and the liquidation heatmap, around 70,000 is the area where large leveraged positions are concentrated. After a breakout, it’s easy to trigger a chain reaction of liquidations.
The market has accumulated a large amount of short leverage
If this is only caused by contract liquidations:
Price rises, but there is no obvious inflow of spot capital—
then the side effects of this rally will appear soon.
So don’t think a bull market is here—
this is just liquidation of capital.
#BTC突破$72000
From open interest and the liquidation heatmap, around 70,000 is the area where large leveraged positions are concentrated. After a breakout, it’s easy to trigger a chain reaction of liquidations.
The market has accumulated a large amount of short leverage
If this is only caused by contract liquidations:
Price rises, but there is no obvious inflow of spot capital—
then the side effects of this rally will appear soon.
So don’t think a bull market is here—
this is just liquidation of capital.
#BTC突破$72000
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.