Digging into the Hyperliquid $BTC liquidation heatmap 🗺️🤔

Bulls are derisking the 91-93k cluster (hunting is possible, but chances are slim) 🐂➡️, degen shorts are creeping in lower ⬇️🐻, liquidations are falling.

At the current 95.8k (after the 94.1k low) 📈, everything hints at a sharp move up - a short squeeze to 106-110k 🚀🧨, where the MA looks juicy. Historically, after a Death Cross +45-213% 📊➡️📈, ETFs injected $524M 💰🤑, and macro is easing.