It would seem that the structure for BTC is ascending, and the bulls have more liquidations.#Coinglassdata shows this.

Bulls lead in liquidations:

- 24 hours: $107.72 million out of a total of $175.13 million.

- 12 hours: $90.92 million out of a total of $144.16 million.

- 4 hours: $25.45 million out of a total of $36.06 million.

- 1 hour: $2.94 million out of a total of $4.42 million.

The reason why today, on a chart that has been growing since May 1, the bulls received more liquidations than the bears is their greed and self-confidence. Monday's current decline is punishment for this.

This is confirmed by the BTC Fear and Greed Index, which quickly returned from “neutral” 43 to “greedy” 71 during the current growth. The index showed a real V-shaped reversal.

The price could still be brought down significantly. There is more liquidity there now. And if the#BTCprice does not consolidate above the EMA of the 50 day TF (current analysis of the chart with important levels), then there is a high probability of completing the rebound and a second trip for liquidity below.

The map of potential liquidations for#BTCshows:

- With a fall to $56,315, potential bulls will be liquidated by $7 billion. In this case, the largest angle is when it falls from the current rate to $62,100 (highlighted on the chart). With downward momentum, the market may show a cascade of liquidations that will pull the price lower. Until it meets the interest of buyers.

- With an increase to $72,191, potential eliminations of bears - by $3 billion.

According to the heat map of liquidity on Binance from Coinglass - interesting liquidity zones:

- 24 hours: key clusters at the top - $63,430, $64,708.

- this week: the situation is ambiguous, liquidity is distributed both below and above the current rate. $61,000 is allocated from below. Top: $63,462, $64,925.

- on the month: still expressive clusters at the top, $67,420, in the range of $71,494-$71,825.

The situation looks like if a buyer does not appear in the near future and the pool of resistance in the area of ​​$64,000 is not broken, the price will go lower and the liquidation of the bulls who believed in recoilless growth will continue. But this does not yet break the bottom-up structure and prospect of ATH renewal.