From the perspective of the liquidation map, touching near MA120 also needs to stop the decline and rebound. Generally speaking, this is the dividing line between bull and bear markets. Once it truly breaks down, it will have a significant impact on market confidence, unless the market manipulators want to forcefully wash the market; otherwise, it will not easily and effectively break down!

There is nearly 2 billion in liquidation demand around 108000 below, while the liquidation demand above is slightly larger. Looking at the 7-day and 30-day metrics, the demand for shorts is even more robust. If it's just a normal correction, I believe the current amplitude and market sentiment are already sufficient! #比特币远古巨鲸持续出清 $BTC