Breaking at the door in Bitcoin? 10 %rise will erase 15 billion dollars of Short position
While Bitcoin is balanced at $ 105,500, analysts say that the 10%rise can lead to a jam that can wipe the giant shorts positions. Eyes at the weekly closing.
As we approached the weekly closing in the crypto markets, Bitcoin’s stability at the level of $ 105,000 turned the interest of investors into a rise scenario. Technical indicators and chain -top liquidity analyzes indicate the possibility of a large -scale Short Squeeze in the short term: an increase of 10 %in BTC price, 15.1 billion dollars of shorts can lead to liquidity.
🔄 Horizontal jam, search for direction
The BTC/USD parity recovered from $ 100,500 on June 5, approached the weekly opening level. Popular analyst Rek Capital said that in the daily graph, Bitcoin is trying to break the last two -week decline trend:
“One -day closing over 106,600 dollars and retest becomes very strong in terms of confirmation of the trend.”
At the same time, the fact that the price rises above the 10 -day moving average strengthens the view of other analysts such as Superbro that “the bear scenario is invalid”.
📊 What does the liquidity map say?
Liquidity expert CAS Abbe stressed that there are intense sets of orders above and below the spot price and that it may have a “liquidity magnet” effect. In the analysis he shared in X, he said:
“If the BTC goes up 10 %, a 15.1 billion dollars will be liquidated. A decrease of 10 %in the opposite direction deletes the Long position of 9.58 billion dollars.”
Especially the return of financing rates to negative, especially during the weekend, shows that large -scale Short positions are opened.
The EU argues that this movement may cause Bitcoin to test 109-110 thousand dollars next week.
📌 Psychological levels: 100K & $ 104.400
According to Trader Crypnuevo, the $ 100,000 level is a “psychological base” and the opportunity to open a long position in this area. Crypnuevo set this level as the main support in his previous estimation.
On the other hand, the Rek Capital says that a closing of over $ 104,400 on a weekly basis will mean that the support test after all times in May is successful.
“This closing will mean that Bitcoin completes the fourth week above a strong support level.”
Bitcoin price is on a critical threshold. Technical levels, psychological resistances and liquidity map combine, indicate that volatility will increase in the coming weeks. A 10 %price movement can create a wave of chain liquidation not only graphic, but also to disrupt market balance.
For investors, more careful position management and risk-control strategies are of great importance in this process.