On Bitcoin Funding Rates we can see if people are positioning on longs (green) or shorts (red)
https://www.lookintobitcoin.com/charts/bitcoin-funding-rates/
In Coinglass, we see 9.500 BTC on $25.000, 8.000 BTC on $28.000 and 9.100 BTC on $30.000. At $24.000 there is 6.400 BTC. So, I don’t see a clear target price.
Discussion
On Bitcoin Open Interest we see the volume
Other good indicator of liquidations, Mariel shared on Twitter:
https://twitter.com/Mariellangsaez/status/1632493989172527108
Trying 15min it's quite good.
Don’t forget, look for where liquidity is. Liquidations map is a magnet for the price.
Finally some tips. Looking at volume and price
Price ⬇️ + Open interest ⬆️ = Shorts opening
Price ⬆️ + Open interest ⬇️ = Shorts closing/liqs