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Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
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‼️The liquidation heatmap currently looks concerning
A major cluster of Long liquidations is in the 66k–73k zone.
We are at $77k, and a drop of just 4k to 73k could trigger a cascade.
Everyone who bought the "bottom" with leverage at 80k, 75k, 70k risks being forcibly liquidated.
🔴66k–73k — the zone where billions of dollars in longs are concentrated, which have so far survived the dump.
⚠️If the price drops below 73k, a rapid plunge to around 65k is likely. If we bounce back and hold the 80k level, the market survives.
A decisive week awaits us.