BTC Strong Volatility Over the Weekend, 68,000–71,000 USD Range Under Close Watch

On Friday, $BTC fell close to the 70,000 USD range and liquidated over 470 million USD in positions on the market. But shortly after, the price sharply rebounded back above 74,000 USD, leading to an additional approximately 274 million USD in liquidations.
Overall, throughout the weekend, the crypto market recorded nearly 1 billion USD in liquidations. This shows that the current volatility is not only significant but is also occurring in an extremely harsh manner for those who entered positions too early or too heavily.
At this time, the range of 74,000–77,000 USD is a region with significant liquidity. If the price continues to be pulled upwards, this liquidity may very well be swept before the market really slows down.
However, what is more noteworthy to me lies below. In the range of 68,000–71,000 USD, the market has left a very large liquidity cluster, even the scale of liquidation is nearly double compared to above. Therefore, this still remains a region with a higher probability for Bitcoin to return to test again in the next wave.
In other words, although the price is recovering quite well, the current liquidity structure still shows that the market has not truly escaped the risk of another deep sweep downwards before forming a clearer direction.
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