#套利交易策略 The show begins! BTC long and short battle, who will be the first to be liquidated?

Current situation: BTC has reached a new high

BTC is currently at its peak, the bears have been slaughtered by 80%, looking up there are still a bunch of shorts waiting to be 'harvested' at 113,000, looking down at 106,500 there are a large number of bulls that may 'liquidate' at any moment.

Data speaks: The exchange's 'harvesting plan'

Calculations show that the area for short liquidations above > the area for long liquidations below. What does this mean?

For example: It's like a fisherman discovering that the fish pile upstream is denser than downstream, he will definitely choose to cast his net upstream. The exchanges are the same, the shorts above are more lucrative, and the 'profits' from long positions harvesting shorts are higher.

Key price levels: Where is the lifeline?

Above 112800: The 'nightmare threshold' for shorts, breaking through may trigger a chain liquidation

Below 106,500: The 'defensive line' for bulls, losing it will trigger an avalanche of liquidations

Real case review: Remember last year when BTC plummeted from 28,000 to 25,000? It was because it triggered a dense area of long liquidations, resulting in 1 billion dollars evaporating within a few hours!