Bitcoin futures market liquidation heat map, the recent rise has wiped out some of the shorts above, and now the most eye-catching should be the $72,000 above, the liquidation scale involved here is relatively large, and there are also a large number of short-term leveraged longs below, as long as Bitcoin quickly falls back to $69,500, these long positions will be wiped out instantly. The current price focus for Bitcoin is with plenty of active buying around 70,670, but the price is currently falling and turning into a major resistance level here, while support below is around $66,200.
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Bitcoin futures market liquidation heat map, the recent rise has wiped out some of the shorts above, and now the most eye-catching should be the $72,000 above, the liquidation scale involved here is relatively large, and there are also a large number of short-term leveraged longs below, as long as Bitcoin quickly falls back to $69,500, these long positions will be wiped out instantly. The current price focus for Bitcoin is with plenty of active buying around 70,670, but the price is currently falling and turning into a major resistance level here, while support below is around $66,200.
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