Liquidation Maps - Meme or Alpha
I will show in three simple points why liq. maps should not be taken seriously
I have spent a fair amount of time designing them myself & the conclusion I had each time was the data lacks reliably
$BTC
Potential seller absorption below $121K
- passive buying leading here
- declining spot cvd vs price
- persistent bid depth (demand)
That 6K BTC Short is still open as well, partial closes here which is aiding to lift price
aggregate wise there's pretty heavy short exposure into $120K, typically with that kind of positioning you'd expect a breakdown or continuation lower by now
#Bitcoin if these mass liquidation events still catch you by surprise, you're either very new to the game or you haven't learned anything.
From the playbook:
1. Price pumps, whales take profits.
2. Price further pumps on low volume = retail wanting their piece of the cake
3. Too many positions with paper gains and open futures positions = lack of liquidity. This happens after low-volume uptrends
4. Before price can go higher, liquidity (=stables) must be freed
5. Good side effect: It's a profitable business model for market makers.
6. Limits get filled, whales buy the dips.
7. Rinse and repeat.
Bitcoin is not done yet.
Gm
Seem like $ETH is quietly reclaiming the narrative ( don't want to jinx this for the gazillion time )
While CT is busy memeing and macro-guessing,
Ethereum’s laying the groundwork:
• $785M in ETF inflows over 4 weeks ( 16 continuous day of inflow )
• $480B stablecoin volume in May
• $169B in DeFi TVL — still the center of onchain liquidity
TradFi rotation is starting too:
SharpLink ($SBET) just pulled a MicroStrategy move raising $425M to buy ETH and deploy it across DeFi. Backed by Consensys. Chaired by Lubin.
And with the GENIUS Act pushing regulatory clarity for RWAs + Circle’s $6.7B IPO heating up, ETH’s role as the financial layer of crypto is cementing.
This isn’t the flashy 10x play
( If you want those probably can look into ETH Beta play from meme to defi to ai )
It’s the base layer for everything that comes next.
And let’s be honest no real alt szn happens without $ETH leading the charge. 🙏
Recently I was targeted by an extremely sophisticated phishing attack, and I want to highlight it here. It exploits a vulnerability in Google's infrastructure, and given their refusal to fix it, we're likely to see it a lot more. Here's the email I got:
หลายคนอยากเริ่มลงทุนแต่ไม่รู้ต้องซื้อขายยังไง วันนี้เลยจะมาสรุปให้ว่า มีแอปไหนให้เราลงทุนได้บ้าง แต่ก่อนอื่นเลย คือมีอะไรให้เราลงทุนบ้าง? มาศึกษากันครับ
time for a 🧵