According to the liquidation heatmap for Bitcoin,

A large number of short positions near the 96000 point need to be liquidated.

Do not let psychological effects make you blindly short.

The long positions in contracts have become very few,

Only short positions can be forced to liquidate,

The high-level consolidation is likely to reach new highs again,

From the technical patterns on the chart, it is also a high-level consolidation.

#btc #bitcoin