*The potential for short liquidation is much greater than long at this time (approximately 3 billion vs 200 million USD). This means there is significant upward pressure - if the price rises, many shorts could be forced out and trigger a short squeeze.
1. The largest short liquidation zone according to the chart 96,800-97,000 USD
Whales will almost certainly touch or surpass this to trigger large liquidations.
2. Continued levels (if there is a continued short squeeze): 98,000-98,500 USD
After the main zone is surpassed, the price could be pushed upwards to "burn" remaining shorts and trap long FOMO. Typically, this is a saturation point before a rapid reversal (dump).
3. Extreme levels (unlikely but not impossible): 100,000 USD (strong psychological number)
*Short (not liquidated, area above current price / bullish): Starting to accumulate from 94,500 and above. From the chart, approximately 1.2 billion USD potential short liquidation accumulation (on the right, green curve).
*Long (not liquidated, area below current price / bearish): Starting to accumulate significantly from 93,000 down to 89,500. From the chart, an estimate of around 150-200 million USD potential long liquidation accumulation (on the left, red curve).
Conclusion: short liquidation amounting to 1.2 billion USD long liquidation amounting to 200 million USD short liquidation is 6.8 times larger compared to long liquidation.
3. Sharp decline: - Break below 94500 - Enter long liquidation pile area - Target down: - 92400 - 90400 - even could go to 85000 if there is a big cascade
4. Around the new strong support there might be a bounce (rebound)
$BTC *Potential Long Liquidation (green line): Significant accumulation of long liquidation is observed in the lower price area, especially below the current price (93155). If we look at the scale on the right side, the potential long liquidation that has not yet occurred could reach around 1.6B to 2.4B (billion) in the price area below 90000.
*Potential Short Liquidation (red line): Accumulation of short liquidation appears more significant in the upper price area, above the current price. If we look at the scale on the left side, the potential short liquidation that has not yet occurred could reach around 100M to 150M (million) in the price area above 95000.
Direction of BTC Liquidation at the price of $93155:
Long liquidation : $1.6 Billion - $2.4 Billion Short liquidation : $100 Million - $150 Million
Conclusion:
Based on this latest chart data, the potential for long liquidation is much greater compared to the potential for short liquidation. The difference in magnitude is very significant, where the potential for long liquidation could reach billions of dollars, while the potential for short liquidation is in the range of hundreds of millions of dollars. This indicates that a downward price movement could potentially trigger large-scale long liquidations, while upward price movements are likely to liquidate short positions in relatively much smaller amounts.
It is important to remember that this is an estimate based on chart visualization and the exact liquidation levels may vary. This chart also continues to change over time and with price movements.
whales and pauses do not liquidate short first by $135 million compared to long liquidation of $39.4 million $BTC 😅 first up then logically down, if the whales want money
This BTC/USDT chart shows an ascending channel, a bullish pattern. The price recently pulled back but found support at the lower trendline. The RSI indicator shows bullish divergence, meaning buying momentum is increasing. Bitcoin may move up toward the upper trendline if the price holds above support, possibly reaching $96,000. Volume is relatively low, but an increase could confirm a strong breakout. Traders will watch for a bounce and confirmation of the uptrend. If Bitcoin follows the pattern, the market will likely turn bullish, leading to a potential rally in the coming days.
Trade Details:
Entry: Around 83K 0R CURRENT PRICE ( Join my Binance live for premium crypto signals )
TP: 99K SL: hold
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