This image is a Binance BTC/USDT Liquidation Heatmap for the past 24 hours from Coinglass. Here's a breakdown and insight into BTC's possible next move based on it:
š Key Observations:
Heatmap colors:
Yellow/Green bands = High liquidity zones / possible liquidation clusters.
Dark purple = Low activity/liquidity.
Price range: Roughly between $98,841 and $108,000.
Current price (latest candle area): Around $104,000.
Heavy liquidation zones (yellow areas):
Around $102,000 (downside)
Around $104,500ā105,000 (upside)
š§ Interpretation:
There are strong liquidation levels forming slightly above and below the current price.
This suggests that market makers may target these zones to trigger stop-losses and liquidations before the next major move.
š Possible Next Move:
BTC might:
Sweep upwards toward $104,500ā105,000 to hit long liquidations (if sentiment is short-heavy).
OR dip to $102,000 to liquidate longs before a bounce.
This liquidity hunting behavior is common in sideways/consolidation ranges.
ā
Strategy Tips:
Be cautious near $102K and $105K zones ā likely volatility spikes.
Watch for breakout + volume confirmation beyond these areas for clearer direction.
Would you like a combined technical analysis with RSI/EMA from a current chart too? I can guide you step-by-step or analyze one if you upload it.