The liquidity zones for long positions have been mostly cleared, but there is still a small area left at 118k,

Below (long sweep):

~112.0k – 112.4k: thick cluster; specifically ~111.998 has ~1.9B USD open-liq (Bybit ~411M, Binance ~194M…)

➜ This is the nearest magnet below: risk of price being pulled down to 112k to sweep longs.

Further down is the level 110.5k – 109.8k (smaller) ➜ the next target if 112k breaks.

Above (short sweep):

115.8k – 116.5k: medium cluster, usually the first target for a pullback if it bounces up.

~119.8k – 120.0k: super large cluster ~6.5B USD short-liq (Binance ~247M, OKX ~83M, Bybit ~293M…)

➜ If the market “changes sides”, this is the strong price attraction target.

👉 In summary: Price is being squeezed between 112k (long sweep) and 120k (short sweep).

Zone 111.998 USDT (~112k): has a long liquidation cluster of about 1.94B, where Bybit accounts for ~411M, Binance ~194M.

👉 This is the price attraction area below: if BTC continues to decline, the likelihood of testing back to the 112k area for long liquidation is very high.

Zone 119,850 USDT: has a very large short liquidation cluster, with a volume of up to 6.54B (Binance ~247M, OKX ~83M, Bybit ~293M).

👉 This is a potential price attraction target if BTC has a bounce, as this gigantic short cluster will be swept when the price approaches 120k.

Current price zone (113k): liquidity is sparse, there are not many dense liquidation clusters right below.