Today's market (4) Let's take another look at liquidity .. I'll take a look at the heatmap of stop loss pending orders for hyperliquid . (Top left of Figure 1) It's all chaotic like something .. There are a large number of stop loss orders pending both up and down the current price . Actually, these come from two addresses .. Short position from 0xff84dd888de8ac2ed9a44860dc44e57025d68f1d This guy also started opening short positions after 64k, and was liquidated 20% several times. At one point, 1400 BTC was liquidated to only over 700, but he survived every time. After surviving each time, he continued to increase profits and positions, and now he has continued to open up to 2000 .. This operation technique reminds me of James Wayne from last year, who used to stick heavy positions to strong flat lines and aggressively sell, regardless of being liquidated by 20%. As long as the price went in the direction of profit, he would desperately increase his position Now this old man has gone from being liquidated halfway to a floating profit of 1.4 million dollars. But the liquidation line is 63.5k. Continue to stick to the edge . ----------- The following bulls are from 0x004edCD40360e293e4cf260d2ebdf8c7076c1bb8 Currently, 1500 have been opened Clearing line 61.8k ---------- Anyway, in the end, there can only be one meaning of survival, right? You guys fight, I'll watch the show .. You can also see from the heat maps of Binance and Bybit below .. At present, liquidity is concentrated around 62k to 61.6k (still in the range below the low point of 62.2k mentioned earlier in early August) So today, the key focus is around 62k ...