Bitcoin has risen from the lowest point of 52,500 on September 6 to around 59,400 at present. However, from the liquidation map, the amount of short liquidation on the upper side is almost gone, but the long liquidation points on the lower side are crowded. Let's analyze the specific points from the liquidation map.

The liquidation map of all exchanges shows that Bitcoin can get the most short-term liquidation amount of $198 million at 59860, but if it breaks through 60,000, there will be less liquidity for longs.

The peaks of long positions’ liquidation are concentrated at 58697 and 57263, which are $361 million and $13.82 respectively. If Bitcoin can fall below 57,000 today, short positions can get nearly $1.6 billion in liquidation quota.

In summary, if Bitcoin breaks through 60,000, bulls must be well-positioned to defend, because there are too many bulls below. If a false break occurs, bears will definitely try to hit 57,000 to get the liquidity below.