$BTC LIQUIDATION WAR: $317M Wiped — Is $71K the Next Target?
This is a pure liquidity battle — and price is moving exactly where positioning is weakest.
Yesterday, #Bitcoin dropped below $66K and triggered around $177M in long liquidations. Panic selling kicked in, leverage got flushed, and weak hands were forced out fast.
Today flipped the script. BTC ripped back above $69K, squeezing roughly $140M in shorts — same market, same mechanism, different side getting trapped. That’s how liquidity wars work.
Right now the map is clear:
• Below: heavy liquidity still sits around $63K–$65K. If momentum fades, that zone remains a natural magnet for another sweep.
• Above: bulls are pressing into the $69K–$71K cluster. If this gets cleared, price can accelerate quickly toward higher liquidity pockets.
This isn’t about narratives or hope. Markets move where leverage stacks the highest, and positioning is being hunted aggressively on both sides.
The key question now:
Do bulls push through $71K and force the next squeeze… or does the market take one more trip lower to clean unfinished liquidity first?
Structure first. Liquidity second. Emotion last.
