HUGE LIQUIDATION ZONE ABOVE $106K: ARE WHALES PREPARING TO STRIKE? 🐋💥
The Liquidation map shows an extremely sensitive area that has just been tested – with over $47 million in accumulated leverage at the exact price level of $106,000.
🔥 Highlights:
Current BTC price: $106,076.78 (according to Coinglass).
This is the area with the highest liquidation density in the last 24 hours, represented by the bright yellow area on the Heatmap.
This indicates that many positions are standing right on the edge of being “liquidated” with just one strong price swing.
📌 Strategy Analysis:
- If BTC stays above $106k and attracts more volume → a short squeeze is likely to occur.
- Conversely, if the price falls below $105.5k, the liquidation support area is very sparse → risk of a straight dump to $103k.
- It is highly likely that whales will use Liquidation Zones as a tool to trap orders.
🎯 Action:
❌ Do not attempt to catch the bottom or FOMO long without confirmation from volume.
✅ Wait for a breakout setup → go long if BTC surpasses $106.6k with confirmed volume.
🛑 Set SL tight – as a severe trap could happen right after the breakout.
📉 Another spike into this yellow area could be the "last straw."
🤔 Are you ready to go with the whales, or will you wait for confirmation before putting in your money?
