Why is the market heading down again?🔴

As we can see, at the moment the main liquidity on the market is at the bottom.

If Bitcoin falls back to $53,000 in the near future, traders who are currently long will be liquidated by a total of ~$900 million.

This is a huge amount of liquidity that acts as a magnet for the price, meaning the probability of reaching this range is extremely high.

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