B.TOP Founder Jiang Zhuoer Explains BTC Liquidation Strategy

Jiang Zhuoer, founder of B.TOP, stated that he liquidated his entire BTC position at $82,000 due to concerns over market volatility. He noted that the market is in the early stages of a bull run characterized by skepticism and fear. According to his analysis of liquidation heatmaps, the concentration of liquidation orders near $76,000 is significantly larger than the area near $83,000. He believes this creates a 'magnetic effect' that makes a downward move to trigger these liquidations more likely than an immediate upward breakout.