BTC sits at a liquidity cluster threatening long liquidations.
A break could trigger volatility, testing $58K–$60K support.
Market remains shaky, with USD strength unchanged.
Bitcoin (BTC) is teetering on the edge of a significant liquidity cluster, as highlighted by @DeanCryptoTrades on X at 11:13 AM PDT, August 29, 2025. The analysis, which has garnered 16K views, suggests BTC is sitting right against a zone that could trigger a cascade of liquidations, wiping out numerous long positions accumulated over recent days. The attached Binance chart, showcasing the Cumulative Delta and Liquidation Map, reveals a dense concentration of leveraged positions, making this a pivotal moment for the market. A break here could see BTC take out quite a few longs, potentially leading to heightened volatility.
The overall market remains shaky on lower timeframes, with USD strength unchanged despite the looming pressure. This liquidity cluster acts as a magnet, often pulling prices toward it before a sharp move—up or down—depending on whether buyers or sellers dominate. The chart’s vertical spike indicates where stop-losses and leveraged positions are clustered, a classic setup for a squeeze. If BTC holds above this level, it could signal resilience and attract bullish momentum. However, a breach might spark a rapid decline, testing lower supports around $58K–$60K.
$BTC Sitting right against a big liquidity cluster which would likely take out quite a few longs that were accumulated over the past few days.
Overall market still shaky on the lower timeframes. Pretty much unchanged when zooming out. pic.twitter.com/CeOV1G0Iki
— Daan Crypto Trades (@DaanCrypto) August 29, 2025
With the crypto market already on edge, this setup underscores the importance of risk management. The unchanged USD context suggests external factors like macroeconomic data or Fed policy shifts could tip the scales. At 4:43 AM PDT, as this story develops, traders are likely bracing for a move. The past few days’ accumulation of longs, driven by optimism post-rally, now hangs in the balance. A liquidation event could either clear the path for a stronger uptrend or deepen a correction, depending on follow-through volume.
Keep a close eye on this level. The next few hours will be crucial, with implications for BTC’s short-term direction and broader market sentiment.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
<p>The post BTC Faces Critical Test at Liquidity Cluster: Longs at Risk first appeared on Coin Crypto Newz.</p>
