#BTC and ETH spot ETFs are flowing out simultaneously, has institutional demand weakened?
10.13 Today's BTC market overview (Part 1)
Today's liquidation data (updated 2026-10-13)
Cumulative long liquidation intensity below: about 1.1 billion USD
Cumulative short liquidation intensity above: about 2 billion USD
Note: There was a "long squeeze" last night; actual open long leverage has been partially wiped out, so the 1.1 billion below is not at full strength, while the short position mountain above remains.
Conclusion: Statistically, "the short positions above are thicker → large short squeeze potential"; dynamically, "longs get hurt first → not a reckless short squeeze".
Key price levels to watch
82,000: Lower edge of dense long positions; breaking below → first wave of forced liquidations accelerates
80,900: New strong long liquidation zone (closer than 79.5k, watch this first)
79,467: Densest long position segment, buffer thinning zone; won't reach here immediately before breaking 81k
83,332: Breaking above this = start squeezing shorts; short covering itself is buying pressure
84,449 / 84,500: First cluster of short positions + sell wall, one of the highest bars on the chart
85,013: Second cluster of short positions; breaking here causes the most intense squeeze
Above 86,141: Shorts are sparse, resistance thins, but only after surpassing 85k
(Content is extensive, will be explained in two parts)
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
