The bearish liquidity above the current BTC price is too obvious...

I really can't think of any negative factors that could have blocked the price liquidation process last night...

But as it stands, there is indeed no liquidation... just like the bullish liquidity in the lower left corner...

In such a large-scale situation, I would be more cautious about whether or not to liquidate; either the spot market has seen supply, or the market is brewing a new narrative...

In any case, objectively speaking, the dense bearish liquidity here between 112k~115k has a very high probability of being liquidated, so we should look at it positively according to normal thinking, while also keeping an eye out for those market conditions that should liquidate but do not, always maintaining a sense of respect!