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Bitcoin Liquidation PositionAn analytical tool - Hyblock liquidation, designed to study price levels, upon reaching which market participants will receive the liquidation of their positions. The chart shows zones where traders with high leverage open long or short positions (from 25x to 125x). With a large accumulation of liquidity, "
clusters" (highlighted by circles) are formed. This service is aimed at simplifying the trader's task, as it can give a slight advantage in understanding where liquidity is concentrated.
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Data taken from the Binance exchange.Bitcoin is back in side trading (locally). Based on Hyblock, the amount of liquidity at the top and bottom is almost the same. However, there is a slight bias towards long (more clusters). The "
Delta" indicator also shows a small signal about the exposure of longists to liquidations.
➡️ Top liquidity block: $24,300, $23,980, $23,800, $23,500, $23,270,
➡️ Liquidity bottom block: $22,600, $22,380, $22,200, $21,800.
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