Heat map of #bitcoin #binance showing a large group of long positions at the exact 50% retracement level of $92.975 from $11 billion.

In my opinion: A smart trader will set a limit long position at $93,500 if this manifests as the target for the flushout of long positions in V on Binance. You lose nothing by setting a limit order. (Probably 20%)

In the short position, there is $22 billion in short positions to liquidate with a breakout to $112,623, which is likely to happen. (Probably 60% chance)$BTC

Subject to change.🍿