This week's BTC futures historical liquidity accumulation map update!
First of all, Monday's market has already unfolded, just clearing out the short liquidity that appeared since January 31, which is the 106k~107k area we've repeatedly mentioned over the past week;
With last week's boring sideways market ending, both bulls and bears in the current market have started to gradually accumulate considerable liquidation volumes.
According to the idea in last Monday's quote...
The current market's large structure is still oscillating upwards, so even though short-term short liquidity is not as much as the bulls, it still cannot be assumed that the bulls should be liquidated...
Only when we see the bullish trend structure of the price being disrupted can we consider the possibility of a deep pullback or even a reversal, and this critical threshold is around 100600!
As for the current or this week's market expectations, I still believe that we can maintain a bullish outlook or keep the original range-bound thinking;
As long as the two low-density bullish liquidation zones below the current price do not gradually become high-density, the market can continue to test + liquidate towards the previous highs.
If any negative news occurs this week, causing the price to break below the current range's lower boundary, then this bullish liquidity will trigger a chain liquidation down to around 90800;
Similarly, if the spot market continues to buy, then the short liquidity above can also trigger a chain liquidation, pushing the price to around 117000...
In short, it's either a new high or a secondary high large range oscillation similar to 2024, with futures still in a leading position.
You can copy my chart and mark the price positions yourself. The upper edge of the yellow rectangle above the price are potential resistance levels, and the lower edge of the yellow rectangle below the price are potential support levels!
#OKX
The historical liquidity accumulation chart for this period's futures market has been updated!
As usual, the bright yellow area represents high liquidity regions, while the light yellow indicates areas where liquidity is accumulating. Green represents records of short positions being liquidated, and red represents records of long positions being liquidated.
Many of you ask countless times every day, "Why the hell is there no pullback at all?" This is actually reflected in the chart, as there have been no red liquidation records so far...
I have also upgraded the logic for analyzing or trading using the liquidation map.
Previously, at 97,000, although a large amount of new long liquidity appeared below the price, the upward structure of the price itself was not broken, so I should not subjectively judge that the price would liquidate the long liquidity below through a deep pullback!
Instead, I should always focus on the growth of short liquidity above before the long structure is broken!
Back to the present, the long structure has not been broken, so the focus still needs to be on the short liquidity above. Once there is a significant accumulation of liquidity in the light yellow liquidation area below, and if the small-scale trend structure is broken, we can then consider the target for downward liquidation!
In short, whether it's a clear viewpoint or content that may imply something, it must be objective!
In order of importance in the analysis process:
Trend Structure > Liquidity Liquidation > Technical Indicators > KOL Opinions
I strongly recommend that those reading my article first look at the trend analysis of the ASR channel to confirm the current structure, and then look at the liquidity analysis to determine potential target positions. I will still consider all situations but provide an objective logical directional judgment based on the current situation.
Thank you!
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