The Bitcoin 2-week liquidation map shows that most of the liquidity below has been liquidated, with 113,700 remaining in a small amount, while there is a large amount of liquidity above at 119,000.

However, Ethereum is not looking too good, as there is a large amount of liquidity at 4,140, which happens to be our stop-loss point. Additionally, Ethereum is facing a CME gap between 4,080 and 4,185. Filling gaps has always been somewhat of a mystery, but the probability of filling gaps is over 90%. Therefore, the likelihood of Ethereum testing lower is quite high.

Those with heavy positions can protect themselves with short positions and wait to go long after the gap is filled. The bull market is still on, so keep a stable mindset!