Bitcoin's CME gap from New Year's Eve still hasn't been filled—it's sitting around the $88K level. Here's what traders need to watch: if BTC decides to drop and close that gap, we're looking at a potential cascade of liquidations. We're talking about over $2.4 billion worth of leveraged long positions that could get wiped out in the process. It's one of those situations where the technicals matter, and the market could move fast if support breaks.