A lot of leveraged longs could get wiped if $BTC drops toward $80K.
There’s a highly concentrated liquidation cluster around the highs of the previous range, and interestingly, it lines up almost perfectly with the $80K–$82K zone I’ve highlighted in several previous posts as my main area of interest for longs.
A move into this region would retest the recent breakout while potentially flushing a significant amount of overleveraged longs.
From a liquidity perspective, $80K–$82K remains one of the most interesting downside areas on my radar.
$RARE #CircleMints500MUSDCOnSolana
$AMP #BlackRockBuildsTokenizedPortfoliosForOndo
There’s a highly concentrated liquidation cluster around the highs of the previous range, and interestingly, it lines up almost perfectly with the $80K–$82K zone I’ve highlighted in several previous posts as my main area of interest for longs.
A move into this region would retest the recent breakout while potentially flushing a significant amount of overleveraged longs.
From a liquidity perspective, $80K–$82K remains one of the most interesting downside areas on my radar.
$RARE #CircleMints500MUSDCOnSolana
$AMP #BlackRockBuildsTokenizedPortfoliosForOndo
