After the rapid rise of $BTC, most participants believed in further upward movement and began actively building positions with leverage.

According to the current liquidation map, a serious imbalance has emerged:

- a drop of $BTC to $66 230 could affect around $5.8 billion in potential liquidations
- a rise to $85 400 could liquidate only about $300 million in shorts

This does not mean that Bitcoin will necessarily go down. The liquidation map does not predict direction—it shows the areas where a large amount of borrowed capital has accumulated.

But when the market becomes so one-sided, the risk of a sharp move against the majority increases noticeably. Especially after a rise with almost no pullbacks and a recent powerful short squeeze.

Now is definitely not the time to jump into a long position on emotions with high leverage. We follow risk management, set stops, and understand in advance what we will do if the market does not go according to plan.

The market has already punished those who were too confident in shorts. Now the same mistake could be made by overleveraged long position holders.