The large pancake liquidation heatmap reveals the situation of trading-intensive areas:
When prices rise, the large pancake liquidation heatmap shows that there are a significant number of large orders waiting to be liquidated in the ranges of $95,750-$96,250 and $97,500-$100,150. This indicates that there is a certain level of pullback pressure in these high areas, and investors should exercise caution.
On the other hand, when prices fall, large and even super-large orders are lurking in the ranges of $94,050-$93,750 and $93,400-$91,800. This reflects that there is strong support in the lower areas of the market, and investors may look forward to buying opportunities on dips.
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