The scale of short liquidations has directly outpaced the longs by several streets, 12 billion versus 3 billion, this air force's stubbornness is a bit outrageous.
This extreme distribution of chips is simply fueling the bulls, the liquidation zone above is as thick as a wall. The current market sentiment of 'fighting to the end' from the shorts has a strong smell of short squeeze. Brother Zhuang loves this kind of one-sided imbalanced market; as long as it pulls up a little, this 12 billion in chips can instantly turn into rocket boosters.
A typical extreme point of sentiment, this wave from the air force is likely to collectively 'fuel' the market. Do you think this wave will see the air force being wiped out, or is it the last breath of the bulls? #Liquidation #ShortSqueeze #Crypto $BTC $ETH

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