$BTC

  1. Current BTC price:

    • $66,660.06 📉.

  2. Elimination within 24 hours:

    • Total liquidations: $67.9 million 💰.

    • Long positions: $66.4 million 📉📉.

    • Short positions: $1.4 million 📈.

  3. Liquidation analysis:

    • The predominance of liquidations of long positions indicates a strong correction or profit taking 🚨.

    • Small liquidations of short positions may indicate the persistence of bearish sentiment 📊.

  4. General trends:

    • Periods of high liquidation often follow significant price movements and can precede market reversals 🔄.

    • It is important to monitor further volumes and dynamics of liquidations to assess market sentiment 🧐.

Conclusion:

The current situation with liquidations indicates a possible continuation of the bearish trend, given the significant liquidations of long positions 📉. Attention should be paid to the further development of the volume of liquidations and the market reaction to current price levels 💼📊

#cryptousdua