Massive liquidation pressure building on both sides.
Over $11.39B in shorts could get wiped out if $BTC rallies just 10%, while $7.55B in longs face liquidation on a similar downside move.
Key levels to watch:
• Upside: $116,300
• Downside: $105,700
The next move in Bitcoin could trigger one of the largest liquidation cascades we’ve seen this quarter.
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