Another insane dump. $BTC pumped above $73,500 last night liquidating $139M shorts! Then, just hours later $BTC dumped to $71,000 liquidating $181M longs!!! Now, $74,000 - $76,000 still has large liquidity left behind that could be swept. However, $69,000 - $71,000 below has slightly more liquidation clusters built up, around 1.2x larger in total, making this the 'more favorable' area to sweep next from a liquidity perspective. Bears are trying to regain control.
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