🔸 Liquidation Map: BTC surged due to liquidations rather than organic spot buying, the move is vulnerable to reversal. 🔸 Toxic Order Flow (#TOF) – This often signals forced buying from stops getting triggered rather than strong conviction. 🔸 Mean Reversion Risk – If spot isn’t chasing, the bid-side liquidity might vanish, leading to a quick retrace. A classic scenario in Bitcoin when there's a lot of TOF (toxic order flow) on the way up, it often suggests an imbalance fueled by aggressive market buying, potentially driven by liquidations. If that move isn’t backed by real demand, price tends to mean revert quickly as liquidity dries up and shorts reload.