#BTC再创新高 The good show is starting! BTC long and short battle, who will blow up first?
Current situation: BTC has reached a new high again
Right now, BTC is standing at the highest point, the bears have been slaughtered by 80%, looking up there are still a bunch of shorts waiting to be "harvested" at 113,000, looking down at 106,500 there are a large number of longs that may "blow up" at any time.
Data speaks: The "harvesting plan" of the exchange
Through calculations, it is found that the upper short liquidation area > the lower long liquidation area. What does this mean?
For example: Just like a fisherman finds that the upstream fish pile is denser than downstream, he will definitely choose to cast his net upstream. The exchange is the same, the upper shorts are more plump, making long profits from harvesting shorts "higher".