Although the sentiment is bullish and clearly by 2025 everything will be in bullrun, at the present we must be cautious.
The liquidation maps show clear evidence of where the price will go in the short term, in this sense today suddenly the leveraged positions in Long increased dangerously as shown below:
Map of futures contracts at 25x $BTC
If you go LONG, I advise you to close the operation, in the short term at dawn when the volume of operations declines, it will be easy to manipulate the price to take it to lower levels, take that liquidity, form an absorption wick and rise quickly in V.
I support this thesis because around 63K there is a lot of liquidity in short leveraged contracts.
They have been there for almost a week.
So they liquidate LONGS to buy BTC at 57K, then the absorption and the people who are shorting from 71K are going to close their positions which will make the price rise relatively quickly, to return to the 61.5K to 63K range.
I'm waiting for that to buy the altcoins on the bearish manipulation 🤑
It will be very fast.
