Rarely look at the liquidation map, but it is very informative in extreme situations.

Currently, the long-short ratio over the past 7 days is around 1:5. In extreme cases, I remember it being 1:7. It’s uncertain whether we have hit the bottom or if we will continue to dip further.

If #BTC continues to decline to around 113031, it will completely liquidate high-leverage longs, resulting in a liquidation amount of 438 million. If it rises to 125589, it will completely liquidate high-leverage shorts, resulting in a liquidation amount of 3.17 billion. Therefore, how the market moves in the next few days is up to the market; no one can predict it. The market always moves in the direction of least resistance, and that will never change. It indicates that in two days, if the price returns, many people's positions will be gone.

In this highly volatile market, how to keep your funds safe is a skill that needs to be improved over the long term. Currently, analyzing resistance and support has little significance; the market's direction depends on the sentiment of the major players.