
Update on $BTC data following the FED's October interest rate decision. According to the liquidation heatmap, there is currently a very dense liquidity zone around $79,300; BTC is highly likely to retest this level, especially given that month-end periods typically see heightened volatility. Additionally, the long-to-short ratio across all CEXs is heavily skewed, with longs at 53.9%. As you know, in futures markets, the exchange tends to liquidate the side with greater positioning. Moreover, after reviewing the full order book, I observe there is currently no meaningful support for the market—the number of bid orders at lower price levels is extremely limited. In summary, $BTC data shows no significant positive signs at this moment @CoinAnk #btc
