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Aurora Insights
$BTC đĄ Market Idea of the DaExtreme Fear remains elevated at 25 (â3), but todayâs liquidation data tells a different story. With 91% of liquidations coming from shorts and only 9% from longs, this looks more like a potential short squeeze than a retail panic sell-off.
Total liquidation volume remains relatively low at $18.4M, suggesting this move is more about positioning than a full market flush.
Similar conditions were seen on May 30 and July
14, when Fear & Greed levels were around 22â23 and short liquidations reached similar levels. Both instances were followed by short-term rebounds.
For traders: if shorts continue getting squeezed, momentum could push higher toward the $64K area.
đ Key Levels: âą $BTC : $63,000 / $64,000
âą $ETH : $1,800 / $1,900
DYOR | Not financial advice.
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