đš $BTC LIQUIDITY BOMB PRIMED AT $61K â LEVERAGED LONGS IN THE CROSSHAIRS đŁ
đ Glassnode's co-founder just flagged a dense cluster of Long liquidity stacked around $61,000. That's weeks of leveraged positions sitting in one spot â a feast for anyone hunting for liquidity. đ
If BTC keeps bleeding, that zone becomes a magnet. Forced liquidations feed the downside, turning a routine pullback into a sharper cascade. đ» But here's the thing â the heatmap shows risk concentration, not a guaranteed destination. Support is still fighting. The real question is whether buyers defend or get run over. đ€
Do you think $BTC holds current support, or does price sweep the $61K liquidity pool before reversing? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #BTC #Liquidation #Bitcoin #Crypto
đŁ đŠ
đ Glassnode's co-founder just flagged a dense cluster of Long liquidity stacked around $61,000. That's weeks of leveraged positions sitting in one spot â a feast for anyone hunting for liquidity. đ
If BTC keeps bleeding, that zone becomes a magnet. Forced liquidations feed the downside, turning a routine pullback into a sharper cascade. đ» But here's the thing â the heatmap shows risk concentration, not a guaranteed destination. Support is still fighting. The real question is whether buyers defend or get run over. đ€
Do you think $BTC holds current support, or does price sweep the $61K liquidity pool before reversing? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #BTC #Liquidation #Bitcoin #Crypto
đŁ đŠ