How have BTC's potential liquidation and liquidity maps changed since today's correction? Of course, they have become even more bullish - there is practically no liquidity at the bottom, but at the top there is billions of dollars. But without technical arguments for a reversal, this in itself is not a guarantee of a reversal.
According to #Coinglass, liquidations on the market in 24 hours amounted to $570.45 million. Of this, the bulls have $445.35 million. Surprisingly, with such a schedule, the bears managed to get liquidations worth $125.10 million.
According to the map of potential liquidations:
- even with a fall to $47,626, potential liquidations - by $1.35 billion.
- with an increase even to $61,969, potential liquidations - by $5.15 billion.
And in case of growth to $68,632, potential liquidations for the bears will be by $12.38 million. There are a huge number of short players. But their liquidity continues to accumulate.
All I want to add is that price will always come for liquidity. The only question is how and when. The July 3 review already gave bullish signals, but it turned out that there is still someone to shave off at the bottom, $445.35 million per day is proof of this.
According to the heat map of liquidity on Binance from Coinglass, the most expressive liquidity levels are as follows:
- at 24 hours: around $54,702, $55,772, $56,307, $57,556, $59,339.
- during the week: $59,546, $60,364, $61,428, $62,246, $64,128.
- for the month: (here all liquidity is at the top) $64,964, $69,259, $72,003.
