BTC short positions are starting to unwind from extreme levels, and ETH shorts are closing even faster, signaling relative strength. Large whales are beginning to cover their short-term shorts, which suggests the market is craving a relief bounce. Looking at the liquidation heatmap, buy and sell volumes are fairly balanced right now. But high-leverage positions are still tilted more toward the long side. For BTC, the heavy liquidation cluster sits around 75k, while ETH’s is near 2080. Keep an eye on these zones. If price swings hit them, we could see a cascade of liquidations. Stay sharp and manage your risk. The market is fragile, and volatility can flip sentiment fast.