#btcanlaysis
Area 113,000 – 114,500
High density of long liquidation with 50x – 100x leverage
Any drop below 114,000 could trigger a strong liquidation wave
2. Area 116,000 – 117,500
Clear accumulation of high-leverage short positions
Breaking 116,300 may lead to a quick liquidation and thus a sharp upward movement (Short Squeeze)
Good Luck my friends
#CreatorPad،