Since the surge on August 20, there hasn’t been a decent pullback, especially now, during the early bull market phase full of distrust and doubt. So, many people are secretly harboring a deep fear of a major crash. On the heatmap, the market is more likely to liquidate that thick and bright $76K concentrated liquidation zone below, rather than the thin and short $83K zone above. This is the magnetic effect, and it’s the main reason why I sold 100% of my $BTC position at $82K two days ago :) https://(x.com)/Jiangzhuoer2/status/2095646297546232045