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$BTC liquidation levels lopsided in this range.
388 long liquidation levels. 105 short. Almost 4:1.
The "crowd" is betting up. Which means most of the liquidity is sitting below.
Lots of that long exposure piled in late around $72.5K. It'll act as support but it's a thin floor. Doesn't take much downside velocity to start cascading through it.
Below $70K is where it starts to get ugly.