There is a large liquidity area for BTC in the price range of 95k to 105k. It is understandable that there are many orders, and if the price touches or exceeds this area, these orders will be forcibly liquidated.

So what does this mean?

+ Scenario 1: If BTC breaks through 105k, short positions will be immediately closed. We understand that when shorting, you borrow BTC from the exchange and sell it for USD. Therefore, when the orders are forcibly liquidated, the exchange will sell your margin USD to buy back BTC, resulting in a sharp increase in demand for BTC, causing the price of BTC to continuously rise.

+ Scenario 2: If BTC breaks through 95k, it is similar, but at this time long positions are forcibly liquidated, leading to a larger price drop.

* In summary, there is strong liquidity in the price range of 95-105k. If the price breaks through 105k, BTC will surge extremely strongly to higher levels; if it breaks through 95k, there will still be a belt. Those who play stocks may be familiar with the cases of Tesla and Gamestop. A few years ago, many short funds went bankrupt. You know what to do! The rising will also increase sharply, and the falling will also decrease sharply. #AVA突破3美元 #SUI再创新高 #BTC重回关键位置后走势 #VELODROME将上线币安 #币安LaunchpoolVANA