Alert! $BTC Bitcoin, if it falls below $65,000, the liquidation intensity of mainstream CEX long positions will reach 743 million
The long and short death line for Bitcoin has been defined!
Brothers, keep an eye on these two positions! The latest Coinglass data shows: if BTC falls below $65,000, the liquidation intensity of mainstream CEX long positions will be as high as 743 million; if it breaks above $68,000, the liquidation intensity of short positions will also reach 621 million.
Note, this is not just the value of the contract, but the "liquidation intensity"—the higher the pillar, the more severe the chain liquidation and liquidity crunch triggered after the price touches it. In simple terms: below $65,000 is the "minefield" for bulls, above $68,000 is the "graveyard" for bears.
Current strategy: short-term fluctuation range of $65,000-$68,000, it is not advisable to bet on direction in advance. Aggressive traders can buy low and sell high at the edge of the range, but must use light positions with stop losses. Conservative traders should wait for a breakout confirmation before chasing—if it breaks down with volume below $65,000, short positions can be taken; however, the target should not be too far. If it breaks out with volume above $68,000, then boldly chase long, with the next resistance level at $70,000.
Remember: once the liquidation wave is triggered, the price will deviate quickly, so don’t go against the trend! Keep your stop losses in place, staying alive gives you the chance to make big profits!
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