The expected liquidation of BTC has indeed arrived, directly liquidating all short positions at 98.3k. In one hour, $35 million worth of short positions were liquidated, and it nearly liquidated the $41 million short position at 98.4k as well.
If this trend continues, it feels like we can raise the clearing price for short positions to around 99.2, where the strongest liquidity for short positions and sell orders are all in the range of 99.2-99.8k, which is also the best shorting zone.
