#CryptoCharts101 From the three-day liquidation chart of BTC, large liquidation hotspots are concentrated at the upper level of 106680 and the lower level of 104500.

Large short liquidations are mainly at 106680, while large long liquidations are mainly at 104500 and 103747.

Data shows that if the price reaches 106680, it will trigger approximately 199 million in forced short liquidations. Conversely, if it slides down to the bottom of 103700, over 300 million in long positions could face severe liquidation tests. After the market rebounds, if everyone thinks the bulls are back and starts buying heavily, it could lead to an excessive amount of large positions waiting to be liquidated below. Proceed with caution when chasing long positions