Liquidation map 🚨
Here is an example to be taken as a reference. In these troubled days when most of the formations and drawings are in vain, there are few indicators whose reference can be trusted. The liquid chart tells a lot.
As you can see, there is a large liquid pricing at 70k$ dollars. Those who have short positions in this region have been carrying it for a long time and there has been no intervention yet, many content creators have destroyed the entire square screaming to correct the simple decline.
In summary, from the liquid head map, we can understand that the probability of BTC going back to 70k and correcting without clearing the liquid positions there is very low. BTC, which has a double bottom on its 4-hour chart, tends to rise in the short term.
Of course, I hope all these will reflect positively on altcoins, good luck and good luck.
