Bitcoin critical point: A fall below $113,000 or a breakthrough above $117,000 will trigger mass liquidations.

On August 18, according to data from the data platform, if Bitcoin falls below $113,000, the cumulative long order liquidation intensity on mainstream trading platforms will reach $984 million.

On the contrary, if Bitcoin breaks through 117,000 USD, the cumulative short order liquidation intensity on major trading platforms will reach 688 million.

Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the significance, or strength, of each liquidation cluster relative to nearby liquidation clusters.

Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain position. A higher "liquidation column" indicates that once the price reaches it, a stronger reaction will occur due to the wave of liquidity.

BTC-2.8%
GARD-6.76%
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BrokenYieldvip
· 08-18 08:34
lmao watching liquidations like dominos... smart money already positioned for this
Reply0
FudVaccinatorvip
· 08-18 08:34
Rekt out and it's done.
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GameFiCriticvip
· 08-18 08:34
The critical point of the long and short battle has arrived, and this wave of market clearance will inevitably change the landscape.
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GateUser-ccc36bc5vip
· 08-18 08:32
Large Investors are still teasing retail investors.
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ShitcoinConnoisseurvip
· 08-18 08:20
Let's see who gets liquidated first.
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YieldWhisperervip
· 08-18 08:19
classic liquidation trap pattern... seen this movie before tbh
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ChainWanderingPoetvip
· 08-18 08:10
Lying flat and making money.
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