According to BlockBeats, on September 6th, Jiang Zhuoer, founder of B.TOP mining pool, stated that since the significant rise in BTC on August 20th, the market has not yet seen a significant correction. Currently, we are still in the early stages of a bull market filled with distrust and doubt, and many investors have a deep fear of a crash.
The concentrated liquidation zone near $76,000 on the heatmap is larger than the zone near $83,000. He believes the market is more likely to reach the lower liquidation zone, and this "magnetic effect" is the biggest reason he sold all his BTC positions at $82,000 the day before yesterday.