BTC

Now an interesting moment...

Futures Open Interest soared to ATH at $22,400, Market Maker needs to make a decision to reset data. That is, having risen to $26,000 from the current ones, we will unload the data on shortists (there is liquidity there).
If you go to reset the longists from the current values ​​(to unload the data), then the liquidations start from $19,500 to $18,000 - does it make sense to do this from the current ones? I don't think so... Since we climbed without shaving off our shorts + below $20,000 an army of institutionals is waiting to fill their bags.
I sent you a CoinBase chart to give you an idea... how much effort a market maker needs to put in to liquidate long positions or short positions.

Now it's hard to make a decision, I can only guess about CZ's plans... I hope I made it clear about the plans of the Market Maker.