📊 Bitcoin Liquidation Map: Tension Is Building — A Major Move Ahead?
Over the past 7 days, Bitcoin has wiped out a massive number of Short positions in the 118,000–121,000 range. This classic short squeeze left behind dense liquidation clusters and pushed total short liquidations to their highest levels. The short side has effectively been cleared out — at least for now.
Meanwhile, Long positions have steadily declined, with the liquidation curve for longs dropping consistently. This reflects increasing caution: leveraged buyers are backing off, and FOMO has faded from the market.
📍 Price is currently hovering around 112,684 — a “liquidation void” where very few open leveraged positions remain. This zone offers little resistance or support, making it highly sensitive to sudden price swings in either direction.
🎯 So, which direction is more likely?
Above the current price, there's a significant concentration of liquidated Short positions. If price breaks above the 115,000 level, it could trigger another wave of short covering, as traders who haven’t exited are forced to buy back — adding upside momentum. This suggests the market still has upside potential, despite the recent pause.
Below the current level, the lack of Long liquidations means there’s no strong support zone to cushion a drop — but also little chance of triggering a cascade of sell-offs. That makes any drop more of a quiet slide than a sharp breakdown — unless sentiment shifts drastically.
📌 Bottom line: The odds currently favor an upside breakout, especially if BTC reclaims the 115,000 zone. But if it drops below 110,000, expect a fast slide into thin liquidity, increasing volatility and slippage.
🚨 Suggested Strategy:
Closely watch price action near 115,000 and 110,000. These are key pivot zones. Manage risk carefully — the next move could be sharp and unforgiving.
