$ETC $RIF $POP Bitcoin has relentlessly surged from $78,000 straight toward $87,000 with no end in sight. Many traders who chased the breakout are still celebrating, but the liquidation map in the derivatives market has quietly flipped already.
According to Coinglass’s latest liquidation data (using Binance BTC/USDT perpetual futures as an example), an extremely dangerous imbalance signal is already hanging in the order book:
Upside room: If Bitcoin were to surge another $10,000 higher, the total liquidation strength of shorts above would be only about $440 million. This means that as this rapid rally unfolds, the “fuel” from shorts overhead has already been largely cleaned out.
Downside room: But if the price then reverses and dumps another $10,000 downward, the total liquidation strength of longs below is a staggering $1.663 billion!
On one side is a dried-up short liquidity pool; on the other is long leverage crowded to the extreme. For derivatives market market makers and the main driving funds, where are the chips more attractive? The answer is self-evident.
Well-known industry observer Jiang Zhuo’er has therefore laid out a rather sharp scenario for the market:
The main forces will very likely first “finish the last blow” by moving price upward in line with the trend, pushing it toward around $87,500—breaking through the remaining short stop-loss lines near the previous high in one go and fully squeezing the final short positioning out of the market.
Then, once the short fuel at the top is completely exhausted, the market—having lost its upward momentum—will flip and turn around, rocking and selling off as it heads below $79,000, to ignite the $1.6+ billion of long leverage resting under the surface and complete the ultimate liquidation of those chasing longs.
In price ranges where leverage is stacked to an extremely severe level, price action often depends less on macro fundamentals and more on the “fuel distribution” shown on the liquidation map.
For leveraged players, when liquidation data shows extreme asymmetry like 1:4, blindly chasing higher prices or holding full positions can easily turn you into a liquidity sacrifice in the main forces’ next sudden flash-crash washout.#AI股持续上涨还有哪些投资机会 #比特币突破8.7万美元创八个月新高 #狗狗币上涨15%
According to Coinglass’s latest liquidation data (using Binance BTC/USDT perpetual futures as an example), an extremely dangerous imbalance signal is already hanging in the order book:
Upside room: If Bitcoin were to surge another $10,000 higher, the total liquidation strength of shorts above would be only about $440 million. This means that as this rapid rally unfolds, the “fuel” from shorts overhead has already been largely cleaned out.
Downside room: But if the price then reverses and dumps another $10,000 downward, the total liquidation strength of longs below is a staggering $1.663 billion!
On one side is a dried-up short liquidity pool; on the other is long leverage crowded to the extreme. For derivatives market market makers and the main driving funds, where are the chips more attractive? The answer is self-evident.
Well-known industry observer Jiang Zhuo’er has therefore laid out a rather sharp scenario for the market:
The main forces will very likely first “finish the last blow” by moving price upward in line with the trend, pushing it toward around $87,500—breaking through the remaining short stop-loss lines near the previous high in one go and fully squeezing the final short positioning out of the market.
Then, once the short fuel at the top is completely exhausted, the market—having lost its upward momentum—will flip and turn around, rocking and selling off as it heads below $79,000, to ignite the $1.6+ billion of long leverage resting under the surface and complete the ultimate liquidation of those chasing longs.
In price ranges where leverage is stacked to an extremely severe level, price action often depends less on macro fundamentals and more on the “fuel distribution” shown on the liquidation map.
For leveraged players, when liquidation data shows extreme asymmetry like 1:4, blindly chasing higher prices or holding full positions can easily turn you into a liquidity sacrifice in the main forces’ next sudden flash-crash washout.#AI股持续上涨还有哪些投资机会 #比特币突破8.7万美元创八个月新高 #狗狗币上涨15%
