BTC Clearing Chart Movement: Over $1 billion of short positions accumulate above, with $68500 becoming a key contender for the position

The latest BTC estimated liquidation chart shows that the cumulative liquidation size of short positions in the upper range of $67500 to $72500 has exceeded $1 billion, while the liquidation size of long positions in the lower range of $65000 is less than $200 million. The market as a whole presents a position structure of "crowded short positions and light long positions". From a specific distribution perspective, the $68000 to $71000 range has gathered a large number of 50 fold and 100 fold high leverage short positions, with the largest liquidation accumulation occurring near $68500 and potential liquidation amounts approaching $29 million, making it the most important liquidity magnet area currently. In contrast, the distribution of long liquidation orders above $65000 is relatively sparse, and there is a lack of large-scale strong liquidity support below. The current range of $65500 to $66000 still provides some support. At present, the upward liquidity temptation in the market is much greater than the downward one, and $68500 may become a key watershed for short-term long short games. AiCoin's open data API now supports clearing heatmap interface: https://www.aicoin.com/zh-Hans/opendata