The dealer started to buy at the market price to explode the longs. So the market went up and then down.
In most cases, the price in the intraday liquidation map is generally in a vacuum range. At this moment, it is obvious that a lot of long orders have entered the Bybit market price, pushing the price to the short liquidation area;
The spot market Coinbase is calm as water, while the futures market is currently like a decisive battle. The price fluctuates by 1% at random, which means a potential liquidation of 400 million to 500 million.
So it is probably possible to fluctuate upward by one or two points. Then it will hit 60,000 to explode the longs.
I took a look at the liquidity map. The best scenario for capturing short-term liquidity is to rush below 66,000 and then draw a door to 60,000+, so that the entire market can directly wash out more than 1 billion US dollars of futures positions. If I have capital to control the short-term market,
