Current BTC price:
$66,660.06 📉.
Elimination within 24 hours:
Total liquidations: $67.9 million 💰.
Long positions: $66.4 million 📉📉.
Short positions: $1.4 million 📈.
Liquidation analysis:
The predominance of liquidations of long positions indicates a strong correction or profit taking 🚨.
Small liquidations of short positions may indicate the persistence of bearish sentiment 📊.
General trends:
Periods of high liquidation often follow significant price movements and can precede market reversals 🔄.
It is important to monitor further volumes and dynamics of liquidations to assess market sentiment 🧐.
Conclusion:
The current situation with liquidations indicates a possible continuation of the bearish trend, given the significant liquidations of long positions 📉. Attention should be paid to the further development of the volume of liquidations and the market reaction to current price levels 💼📊
