The good show is about to start! The showdown between bulls and bears is in full swing, who will trigger the liquidation tide first?
Current battle situation: The price has reached a new high, with the bears suffering an 80% loss. Looking up, there are still a large number of bears waiting at the 113,000 mark, which is becoming a 'prey' ready to be harvested; looking down, the 106,500 point is gathering a massive amount of bulls, which may trigger a liquidation alert at any time.
Data reveals the exchange's 'harvesting plan'
Calculations show that the liquidation scale of bears above far exceeds that of bulls below — what does this mean?
To put it simply: if a fisherman finds that the density of fish upstream far exceeds that downstream, he will naturally choose to cast his net upstream. The exchange operates similarly; the potential profit from harvesting bears is clearly higher than from liquidating bulls.
Key price levels: The game of life and death
• Above 112,800: The bears' 'life and death line', once broken, may trigger a chain reaction of liquidations
• Below 106,500: The bulls' 'lifeline', if breached, may trigger an avalanche of liquidations
Real cases are vivid in memory: the shocking moment last year when the price plummeted from 28,000 to 25,000 is still fresh in our minds — it was precisely because it reached a dense area of bull liquidations, and in just a few hours, nearly 1 billion dollars in market value evaporated!
The 'business nature' of exchanges
To put it bluntly: exchanges, not charitable organizations, will inevitably choose the direction of optimal profit. Current data clearly shows that driving up prices to harvest bears is 'more cost-effective' than crashing prices to liquidate bulls.
Risk warning: Data is not an all-purpose key
But beware! The liquidation distribution map is merely a 'market map', not an accurate 'GPS navigation'. Large funds can completely ignore this data, just as a giant ship can easily break through a fishing net.
One tweet from Trump can instantly change BTC's face; institutional funds can easily reverse liquidation logic, and market sentiment is often more decisive than technical analysis.
This analysis is like a weather forecast: it can be referenced but should not be blindly followed. The cryptocurrency market has sounded a red alert: losing principal is normal, and becoming rich overnight is just an exception.
Remember: what you think is trading coins may just be the 'dish on the exchange's table'. Stay calm and rational, and respond to market fluctuations with a sound strategy, that is the best approach!