BTC A quick move lower to wipe out the liquidations at $70k would make perfect sense. Right now longs and shorts are relatively balanced, meaning there’s no clear directional bias from positioning alone. However, most of the long liquidations are sitting at the $70k level, making it a likely area for price to revisit. I can imagine a quick dump at New York Open to squeeze longs, followed by a bounce back above $70.5k.(Max Trades)