🚨 alert of $BTC : the trap of $101k and the liquidity hunt
the liquidation heat map reveals the strategy of smart money:
super magnet (short squeeze): there is a large block of liquidity (stop-loss orders of the shorts) just above the current price. this is the target for a possible quick rally that punishes the sellers.
fragile support: the current price is consolidating near the key support of $101,330 - $99,061. the historical volatility of btc suggests that this support will be tested aggressively.
