It seems like BTC is going for the 61K liquidations. Worth watching, because if we lose that area, the structure doesn’t look particularly great, and we could see a sweep below the 57s. As mentioned in previous posts, MMs will sometimes front run major short liquidations to make people overconfident in their shorts, just as the market is actually shifting into a new trend. Right now, it looks like we’re in more of a long hunting phase of the cycle.(Killa)