BTC fell below $80,000, with the largest liquidation price in the past 24 hours at $79,199.2. Are short sellers still adding to their positions?

AiCoin's liquidation chart data shows that the largest liquidation point for Binance BTC perpetual contracts in the past 24 hours was $79,199.2, and the second largest was $80,150. BTC continues to decline, currently trading at $79,466.2. If it continues to weaken, we should be wary of more leveraged long positions being liquidated. Furthermore, the increasing market open interest indicates that leveraged funds are still entering the market. If the new positions mainly come from short sellers, it could further increase downward pressure. The key focus going forward is whether BTC can regain its position above the upper limit of its largest liquidation range. If the rebound is weak and prices continue to be under pressure, funds chasing the short position may continue to exert downward pressure. Conversely, if short sellers take profits in large numbers, the risk of a rapid rebound and short squeeze should be closely monitored. 📊 View liquidation data: AiCoin's "Indicator Library - Liquidation Chart Indicator", or access the open data API to obtain professional market data. 👉 https://www.aicoin.com/zh-Hans/opendata Risk Warning: Areas of concentrated liquidation do not necessarily indicate a price reversal, and increased open interest does not guarantee that short sellers will dominate. The above data is for market analysis and reference only and does not constitute investment advice.