Before the announcement day, there will usually be an increase in betting money leaning towards an upward trend due to the prediction of the first interest rate cut in 2025, and the market makers really like this when the market starts to become optimistic again.
ETH is likely to sweep the liquidation area around 4k3 - 4k2 dollars.
The betting ratio has heavily leaned towards the long side, and a liquidation sweep is needed to rebalance.
The max pain zone for BTC is 106k, and the largest liquidation zone is at 109k, which is also a strong resistance area to back test when there is enough support to stabilize the previous drop!!!
Wishing everyone safety after the upcoming shake, don't let yourselves "Stumble at the gates of paradise"
#Liquidations #Flashdump $ETH $BTC
