BTCJunZhang

Why liquidation map?

1. Price trends are often attracted by dense liquidation clusters
The liquidation map is a chart formed by combining the liquidation points and amounts of domestic and foreign top exchanges such as Binance, OK, bitmex, bitfinex, bybit, etc.
Based on this chart, as retail investors, we can set the stop-profit and stop-loss positions more scientifically and reasonably. Under normal circumstances (oscillation), when the liquidation is triggered, it will inevitably cause a small-level pause and callback. At this time, those who open reverse floating loss orders can consider adding positions near the liquidation to get rid of the position. For positive profits, you can consider closing positions near the liquidation

2. The green arrow on the liquidation map is the current price. The left side of the current price is the long order liquidation price (with a price mark at the bottom), and the right side is the short order liquidation price. The height represents the amount.

3. Liquidation tends to mark local tops and bottoms
In oscillating markets, there are dense chips on that side, so it will explode there
Refer to the liquidation order (picking up the bodies of those who have been liquidated) and set stop-profit and stop-loss (your own stop-loss price must at least exceed the price of most people's liquidation)#灰度GBTC资金流出趋势结束了吗？

This morning CRV short-term profit taking, opened a short position in Bitcoin at 116800, #BTC

All structures above $BTC are small-level structures, short-term trades can be made based on small structures, but medium to long-term positions do not need to be adjusted / Bitcoin has support at 112000, Ethereum has support around 4100 $ETH

Short-term short position take profit at 119000, maintain medium to long-term position; also take profit on the space short position, for medium to long-term positions, only open large contracts is good, the trends of Ethereum and Bitcoin have diverged, can place another short-term short position at 120000 for Bitcoin in the evening;

Based solely on liquidation, there is a large amount of liquidation in the current price range up to 120000, so shorting needs to wait for #BTC重返12万

The 5-5 wave has consumed over 80% of the 5-4 wave, with a small chance of ending. Let's hope we don't encounter this kind of failed 5th wave; set the stop loss properly; the stop loss for #BTC重返12万 long positions has been moved up to 119300.