Exclusive from Mig: CEX Liquidation Map Exposes Shocking Secrets! Is the 112,000 Defense Line a Scam? Retail Longs Are Just a 200 Million 'Appetizer'!
The market is always brewing a storm in silence; behind every liquidation column lies a death ledger written in hard cash by both bulls and bears.
The current liquidation sensitive zone formed in the $112,000 to $115,000 range for Bitcoin is essentially a microcosm of a liquidity game.
If the price breaks through $115,000, the liquidation intensity for short positions could reach $1.049 billion, triggering a stronger buying wave—similar to the 30% short squeeze that occurred in a single day after Bitcoin broke through $64,000 in April 2021 is likely to repeat.
However, if it drops below $112,000, although the liquidation scale for long positions is only $209 million, one must be wary of a liquidity spiral triggered by successive liquidations.
The 'intensity' indicator of liquidation clusters is far more important than the specific values—it reveals the distribution density of market fragility.
Currently, the short liquidation intensity is five times that of the long positions, indicating that most leveraged positions are concentrated above the resistance level. Once it breaks through, the fuel for short covering will far exceed the momentum of long stop-losses below.
This asymmetric structure suggests that the explosive power of an upward breakout may far exceed market expectations, but if there is a pullback, it may digest selling pressure in a gradual decline. #美联储降息预期
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