BTC has just undergone a round of long liquidations, with short-term sentiment weakening. Above, $85,000–$89,000 holds approximately $2.7 billion in liquidations; below, $80,000–$83,000 holds around $1.3 billion—both levels exhibit magnet effects. Under this structure, price may oscillate back and forth until one side’s liquidity is fully cleared. Shorts currently hold the upper hand, but whether this momentum continues depends on whether the $2.7 billion above turns into fuel for a short squeeze. https://t.co/xJI8ecbN7n
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