🔥 BTC Liquidation Heatmap Update – July 7

📍 Current Price: ~$108,458

BTC continues to toy with key liquidity levels — another textbook fakeout followed by sharp momentum.

🎯 Key Highlights:

Major short liquidations cleared aggressively from $106.6K–$108.8K

Price surged into the red zone, wiping high-leverage shorts — bulls momentarily in control 🚀

Heatmap shows next major liquidity magnet stacked between $110.3K–$111.5K

💡 What It Means:

This pump was likely a classic short squeeze — fueled by cascading liquidations of high-leverage positions. If BTC holds these gains, the next move could sweep remaining short stops near $111K+.

👀 Watch closely:

Hold above $107.8K = potential extension into upper liquidity bands.

A drop below $106.3K could signal a rejection and trap reset.