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Cryptocurrency exchange Binance has completed a flush operation, with liquidation levels indicating the process is over. Bitcoin (BTC) has been trading in a range around $69K, with $69K being a crucial level. There are expectations for a potential upward move if BTC closes above $72K. Binance flushed high leverage positions at $69K and Ethereum (ETH) at $3500. Traders are monitoring the market for maintaining trends and spot buying to sustain momentum.
$BTC - Liquidity grab on range low https://t.co/aSw7HN2MfV
Liquidation Levels - 10:30am April 1 @binance flushing red high leverage positions set in the dip last night to 69k. We call this clean up patten the Reverse Bart. https://t.co/BZocxlZX63
$BTC and rest of the market funding washed out across the board on the monthly/quarterly opening dump over night. Honestly a great setup to start some fresh HTF candles. Set a lower wick, rinse eager leverage and set the stage for a march higher. https://t.co/R70wvJ0jb8
