The battle between bulls and bears is on the line! When BTC moves, liquidation means billions
Bitcoin's current trend has entered a 'life-and-death watershed'. Once it breaks upward or downward, liquidation will not be a small matter: if it breaks above $107,000: major CEXs will trigger the liquidation of $909 million in short positions, sending the bears to the rooftop. If it falls below $103,000: this time it's the bulls' turn to cry, with a cumulative liquidation of $1.391 billion in long positions, blood will flow like a river.
Current BTC is like a bowstring pulled tight; once the direction is set, the market will head towards liquidation. Don’t think about standing in the middle of the road as a philosopher; choosing a side and arranging risk management is the true skill of an expert operator.
Bets between bulls and bears, who wins and who loses? #DOGE #PEPE #sui #BTC #xrp $XRP $BTC $DOGE