Glassnode: Bitcoin faces bigger long-liquidation risk below than short risk above
- —A large long-liquidation cluster sits below Bitcoin's current price
- —Another liquidation cluster is located near $75,000
- —Short-liquidation positions accumulated above $85,000 over the past week
- —Downside long-liquidation risk now exceeds upside short-liquidation risk
Why it matters: A break of support could trigger a long-liquidation cascade and accelerate a drop toward $75,000.
Source: ChainCatcher 链捕手