Bitcoin $BTC What’s next?
1. Today's data
Long position liquidation intensity below: from 1.2 billion yesterday → about 2 billion.
Short position liquidation intensity above: from 1.8 billion yesterday → about 1.3 billion.
The short side is weakening
2. Liquidation pain points
The biggest pain point for shorts is at 83,900; breaking this level turns some longs into buyers, pushing the price higher.
The biggest pain point for longs is still at 82,200; breaking below this level triggers a strong liquidation wave, turning shorts into sellers, pushing the price further down.
1. Today's data
Long position liquidation intensity below: from 1.2 billion yesterday → about 2 billion.
Short position liquidation intensity above: from 1.8 billion yesterday → about 1.3 billion.
The short side is weakening
2. Liquidation pain points
The biggest pain point for shorts is at 83,900; breaking this level turns some longs into buyers, pushing the price higher.
The biggest pain point for longs is still at 82,200; breaking below this level triggers a strong liquidation wave, turning shorts into sellers, pushing the price further down.