$BTC is stuck between the whale short entry at $74.6K and $106M of long liquidations at $73K.
Whales added about $300M of shorts in a day, and their average entry moved down to almost the current price. Their short book is now $3.62B, more than 3x the longs.
While price stays under $74.6K, $73K is the nearest target. A move back above that level would be the first sign the shorts are losing control.
Whales added about $300M of shorts in a day, and their average entry moved down to almost the current price. Their short book is now $3.62B, more than 3x the longs.
While price stays under $74.6K, $73K is the nearest target. A move back above that level would be the first sign the shorts are losing control.
