BTC This is actually wild. The current liquidation map shows one of the largest imbalances we've seen in a long time. More than $17B in short liquidations are currently sitting above price, while only around $1.5B in long liquidations remain below. That creates an imbalance of more than 11:1. From a liquidity perspective, a bounce would therefore make a lot of sense. Such a move would not only clear out some of the liquidity that has built up overhead, but also allow liquidations to build back up below before the broader downtrend continues.(Max Trades)