This is very worrying. BTC dumped to $62,400 yesterday liquidating $384M in 24 hours! But here's the important part: There’s now $4.4B liquidity above up to $66,000 and $2.6B below to $60,000 meaning shorts above could be the next bigger target. On the LTF, $63,300 is the closest major upside magnet, making that the likely level to sweep today. Whales have defended $62,500 so far, but the larger orders are currently stacked above at $63,000 - $65,000 which means smart money are convinced on more downside. Meanwhile, OI is rising and coinbase premium remains weak which shows there's no spot demand to buy the dips. So I’m gonna make this really simple for you: If we hold $62,000 -> I favour $64,000 next, then potentially $66,000. Lose $62,000 -> I think $60,000 gets swept next. I’ll post any changes to my positioning and the key levels I’m watching in the free Telegram (link in bio).(CryptoReviewing)