The night before the short squeeze, BTC moves, and the whole market explodes?
The liquidation chart on June 21 is reminiscent of the oppressive silence before a storm.
As long as Bitcoin breaks above $105,000, mainstream CEX shorts will face a collective liquidation level of $1.231 billion.
But if the tide turns and it drops below $102,000, longs will also struggle to escape the liquidation vortex, with an $800 million juicer on standby.
The key is not how scary these numbers are, but rather:
The 'intensity bars' on the liquidation chart are piling up, indicating that once triggered, the market will no longer be gently oscillating but will face a snowball effect of liquidity shocks —
One explosion leads to another, with prices being chased by floodwaters.
This is a typical liquidation cluster critical structure: once it breaks, it's a stampede, and once it rebounds, it's a short squeeze.
Bitcoin right now is like a spring fully loaded with tension.
Choosing the right direction means taking off; choosing the wrong direction means being buried alive.
Is your position ready? Are you willing to bet on the direction triggered by this liquidation?
Feel free to engage in a wager in the comments, don’t let the whales see you get swept away without even choosing a direction.
