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Bit longs and shorts are in a stalemate, and the liquidation map reveals key signals!



From the current liquidation map, if Bit breaks through 89,000, the cumulative short liquidation intensity of mainstream CEX will reach 958 million.

Conversely, if the Bit drops below 85,000, the cumulative long liquidation intensity on major CEXs will reach 1.483 billion.

Indicates that the current market bullish sentiment is warming up, and everyone is relatively optimistic. The more chips accumulate, once institutions initiate liquidation, it will definitely lean towards the bullish side. Currently, everyone is leaning towards bulls, but the bulls will suffer heavy losses. Bottom fishing should be cautious, and short positions have better cost performance!
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