Despite the growth of BTC over the last 24 hours, there are more liquidations of bulls. The paradoxical situation continues. ATHs are rewritten several times a day - and longs suffer. Including altcoins. Over 24 hours, liquidations amount to $457 million, of which longs - $272 million. Although in the context of the last hours (1 hour, 4 hours, 12 hours) - more liquidations are still among the bears.
With such growth, you can do without serious long squeezes - because there is no one to drag up. Or, at least, there are far fewer "passengers" than there could be. They fly out on emotional swings with big shoulders.
In other interesting data from #Coinglass, a sharp drop in the#BTCprice to $84,288 would lead to the liquidation of long positions worth a cosmic $15.2 billion.
According to the heat map from#Coinglasson #Binance, the most significant liquidity levels are:
- 24 hours: around $95,110-$95,536.
- during the week: $92,915-$93,361.
- on the month: there are many pronounced levels here, if grouped: $74,298-$77,773, $90,708-$95,341.
- well, and for interest in the year - all the most interesting liquidity is at $70,296-74,216. If a large-scale "black swan" happened, it would be logical to go there. Plus or minus to the highs of the last cycle, which they knocked on for a long time in this one. Now it is a mirror level.
