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Shorts were liquidated today.
The 7-day aggregated Liquidation Levels flipped net long, indicating that short-side pressure was cleared and positioning is now leaning long. However, a relevant liquidation pool remains around 70k, suggesting the price could revisit that area if liquidity is needed.
On the 30-day view, two major long liquidation pools are concentrated around 61.5k and 54k, while significant short clusters are around 71k and 75k.
Liquidity is stacked on both sides, and when the market builds pools like this, it rarely moves randomly; it hunts liquidity. The question is not whether the price will move, but which pool gets targeted first.
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