MARGIN CALL: Group #short is about to face mass liquidation?
📊 $BTC Liq Heatmap 3Days: L1 - L2 - L3
Currently, BTC is fluctuating around the mark of 85,500 USD and according to the heat map, the price is very close to the liquidation cluster of the short sellers. Specifically, the liquidation positions of the short sellers span from 86,000 USD to 89,000 USD.
🌪 The US session tonight is forecasted to be turbulent!
Short sellers continue to flood the market, increasing liquidity significantly. If BTC continues to rise, it is highly likely that phenomenon #ShortSqueeze will occur, causing short sellers to rush to liquidate all positions.
⚔️ On the other hand, group #long also faces pressure: The liquidation clusters of group #long span from 84,000 USD down to 80,000 USD
