🚨Crypto #volatility is not entirely organic — it’s engineered, at least in part, by exchanges exploiting leveraged positions.
🔹Exchanges benefit from liquidations (fees, volume spikes, spread captures).
🔹Focus is on leverage gamblers, not investors or builders.
🔹Key edge lies in the liquidation heatmap: where leverage clusters are visible.
🔹Avoid the middle of the range — it’s chop zone. Wait for liquidation wicks to enter positions after the pain.
🔹Use flushes/liquidations in either direction as entry signals, not price action in balance.