#cryptotradingpro #bitcoin #Liquidations 📊
$BTC /USD: Liquidity Analysis and Where the Market Maker Is Looking
The fresh liquidation map clearly shows where the main money is currently concentrated and where the market will be pulled in the near future. Spoiler: longs should get ready.
🔍 Key analysis factors:
➡️ Liquidation Magnet (Bottom): Right below us, starting from $64k and up to $62,500, a huge purple cluster of long liquidations has formed. A special density of stops is recorded in the $63,200 - $63,500 area. The green cumulative line is rapidly falling - this is a colossal amount of "fuel" for a downward move.
➡️ Void above: There are practically no significant short liquidations above the current levels. The red cumulative volume line is growing very sluggishly up to the $70k+ mark. There is simply no point in the market maker going up right now.
➡️ Orderbook (Glass): A dense red wall of Ask starts at $65,000 and stretches to $67,000. It will be extremely difficult to break this block without a powerful impulse buyer. Instead, real limit support (green zone) appears only around $63,000 and $60,500.
➡️ Technical picture 4H: The chart clearly shows bearish pressure. We are trading below the moving averages, the local SELL signal is already in effect, and the purchase volumes are falling.
📊 Movement scenarios:
Priority (70%): Local flat or short resistance test in the $64,500 - $64,800 area, followed by an impulse channel (squeeze) to remove liquidations to the $63,500 - $63,000 area. It is there, near the order wall at $63k, that you should look for the first reactions to the rebound.
Alternative (30%): Fixing above $65,000 on 4H. Only this will cancel the bearish scenario and give a chance to test $67k, but so far there is no fuel for this on the chart.