🚀Sounds like you're talking about some serious market dynamics here. When you mention $15.76 million worth of short positions getting liquidated if BTC hits $111K, that's a massive trigger point. Those liquidations could lead to a short squeeze, causing rapid price movement.
It's true that traders often focus too much on finding "perfect" entries without considering the larger liquidity zones. In crypto, those liquidity zones are key areas where the price could either reverse or gain momentum, depending on whether they get filled.
For BTC to drop, like you said, clearing the liquidity is crucial. In many cases, market makers will push price action to clear out those positions before a big move. So, the strategy here would be to watch the liquidity pools and key levels carefully🚨$BTC