$BTC

$BTC Liquidation Heatmap on Binance! 🔥

- **Current Price**: Around $95,787, with significant liquidity zones above and below.

- **Resistance Zones**: There are dense clusters of liquidations around $97,323 and $98,858, suggesting strong resistance where many short positions might get liquidated if the price moves up.

- **Support Zones**: Key support is visible around $94,328 and $92,792, where long positions could face liquidation if the price drops further.

The heatmap shows a concentration of liquidations, indicating where market sentiment might shift:

- **Green Zones**: These represent areas where long positions are likely to be liquidated, providing potential buying opportunities if the price dips.

- **Red Zones**: Areas where short positions could face liquidation, potentially acting as resistance or selling pressure if the price rises.

What does this tell us? The market is poised for potential volatility around these levels. Watch these zones closely for trading opportunities or to understand where the market might find equilibrium.

What are your strategies when trading around these liquidation levels? Share your insights below! 💬

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