🔥Bitunix Analyst: Middle East conflict ignores ceasefire agreement, liquidity triggers BTC to fall back from highs below $78k


On April 27, geopolitical conflict risks reignited. Despite the nominal extension of the ceasefire agreement, clashes between Israel and Lebanon expanded, Iran strengthened control over the Strait of Hormuz, and the situation did not cool down. After being blocked above $79k, BTC quickly fell back below $78k, indicating insufficient buying pressure and liquidation-driven dominance. The liquidation heat map shows that the $80k to $82k range is a pressure zone, while the $77k to $78k range is a liquidity absorption zone. This decline is a rebound after high-level liquidity release, not a trend reversal. In the short term, the market remains range-bound, dominated by the resonance of liquidity and events.
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ExposeTheBtcLies
· 3h ago
Steadfast HODL💎
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