$memes $DOGE $BTC
🚨 The grand show is about to begin! Is Bitcoin going to make waves this weekend?
Just now, Coinglass threw out a set of data that left me dumbfounded! 😱
Currently, the market is hiding two super landmines 💣: one above $70,000 and one below $66,000. Which side explodes first, the bloodbath will follow!
👀 Let me translate for you:
If Bitcoin dares to surge to $70,000 — whoa! Waiting for it up there is a short position worth $791 million ready to be liquidated! If these shorts get blown out, the scene would be too beautiful to look at……
But if it can't withstand the pressure and drops below $66,000 — the situation below isn't any better, with a long position of $778 million waiting to be buried! 💀
To put it simply, Bitcoin right now is like walking on a tightrope, with bottomless abysses on both sides, just that the bottoms are filled with money…… 💰
⚠️ But don't rush to conclusions just yet! The old-timers in the circle all know that this “liquidation intensity” doesn’t refer to the exact amount of money that will be cleared, but rather tells you how big of a chain reaction will be triggered at that position — the higher the column, the bigger the “liquidity wave” will be once that price is breached, slapping people silly! 🌊
The current situation is: above $70,000 is the graveyard for the bears, below $66,000 is the crematorium for the bulls. It’s just a matter of which side can’t hold on first……
Do you think this weekend we will first surge to $70,000 to let the bears enjoy the rooftop, or will we first smash down to $66,000 to let the bulls feast? Place your bets in the comments! 🗣️