BTC is getting closer and closer to the bearish trend resistance of the daily line. Today, it is around 70800. If it breaks through, it will attract more buying. On the contrary, it will be suppressed by the trend and must retreat to repair the gap below, about 67500, and then accumulate strength to consolidate. Each retreat is a preparation for the later stretch.

From the data, in the past 24 hours, a total of 30,791 people were liquidated, and the total amount of liquidation was $8771.24. The data is small, and from the liquidation chart, 70000 can liquidate nearly 400 million short orders, and 67000 is close to the 1 billion long liquidation position. If you want to liquidate, what will you choose?