Last week, the longs at 102000 were severely liquidated by $BTC . After a bloody storm, the market is just beginning to catch its breath. Over the weekend, due to insufficient liquidity, prices fluctuated wildly like a rollercoaster, and it was only with great difficulty that the volatility range was narrowed. Now, the market seems to be waiting for a signal, and it might have to endure another night.
On the exchange's liquidation chart, there are two key positions: shorts at 107700 and longs at 102700. Both locations resemble a powder keg, potentially detonating new volatility at any moment.
Looking at the Hyperliquid liquidation map, there is a liquidation order of 809 BTC at the 108000 position, which makes one feel tight in the chest, as if it could come crashing down at any time; below, at the 103500 position, there is also a liquidation order of 451 BTC, like a net waiting for the price to hit. The current trend looks like it wants to surge upwards for a bit before dropping down again.
In the last 24 hours, prices have been very volatile, but everyone's trading enthusiasm is low, and the turnover rate has been continuously declining. Most people are unresponsive, while those who previously chased the highs are still trying to make a comeback in the market to recover their losses.
As for Bitcoin, Ethereum, and Ripple, the three old players have been as stable as a rock lately, not falling much at all. It feels like after a correction, they will still surge towards 110000.
This wave of the market has just begun; who knows what other surprises will come later.
I have already prepared for the next big wave, ready to help you easily accumulate profits while lying down!