The blood battle between bulls and bears is on the line! When BTC moves, liquidation means billions
The current trend of Bitcoin has entered a "critical watershed". Once it breaks upwards or downwards, liquidation will not be a small matter: if it breaks above $107,000: the mainstream will trigger the liquidation of $909 million in short positions, and the bears will be directly sent to the rooftop. If it falls below $103,000: it will be the bulls crying this time, with a cumulative liquidation of $1.391 billion in long positions, a river of blood.
The current BTC is like a fully drawn bowstring; once the direction is determined, the market is headed towards liquidation. Don't think about standing in the middle of the road as a philosopher; choosing a side and making proper risk control arrangements is the real skillful operation.
Bull-bear betting, who wins and who loses?