Catch the trend with the 'liquidation map' chart! Just looking at it, BTCUSDT is having a nice price surge up to several peak resistance levels, looking at areas like 73,957 and preparing to jump to 76,843 and then 82,614. Those dark green areas are not just for decoration; they are danger zones where traders can easily get liquidated!
1. First, the dark green areas
• Here are all Long orders with Short orders waiting to be liquidated; if the price hits, the liquidity will explode. If Gen Z plays here, remember to avoid these areas as it's not easy to make money.
2. This chart is 'bullish'!
• If you see the price breaking through 73,957 and shooting up to 76,843, chances are the whales are pushing the price, preparing for a peak. But remember, there's huge resistance above; don't rush to 'chase the peak'!
3. Brief conclusion
• If you play, watch for action when the price reaches easy liquidation points, knowing how to 'capitalize' on the orders of leveraged traders. If not, just watch the show from the sidelines to avoid heartache.
The problem is like that; remember to 'DYOR' (do your own research) when you get in, or else don't blame the chart!
