Capital flows are shifting: Over the past 4 hours, Binance futures liquidations totaled $12.51 million, mostly longs (85.4%).
Price levels with concentrated liquidations are often where large players find counterparties: to build large positions, they need someone to be forcibly liquidated. The heaviest liquidations were at $BTC ($1.33 million); watch for large players entering in the same direction after the liquidations.