$BTC remains relatively neutral — short-side Holder Concentration hasn’t continued to strengthen, suggesting whales are not overly bearish on BTC.
However, $ETH is a different story…
There are clear signs of weakening in long-side Holder Concentration.
At the same time, the Liquidation Map and its dynamics show retail traders aggressively going long again…
A flush to the downside now looks increasingly necessary.

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