The situation is not very optimistic.
$BTC dropped below $68,000, liquidating long positions worth $372 million!
A total of $426 million worth of assets were liquidated in 24 hours!!!
But this is just the important part...
At the price level of $66,000 - $67,500, we currently have low liquidity, which could get completely withdrawn, leading to a further price drop.
Meanwhile, the $70,000 - $74,000 area has a large amount of liquidity clusters formed, with liquidity levels 5-6x higher than the area below, making this the most 'likely' area to visit next.
The Bulls team needs to react immediately.