Bitcoin Open Interest / Liquidations / CVD & Funding rate
The liquidation heat map of BTC/USDT perpetual contracts reveals that bitcoin reached a liquidation zone identified around $78,000. Buyer interest seems to have manifested, as evidenced by the price rebound at this level.
Currently, the key liquidation zones are located on either side of the current price.
Above, a first liquidation zone is identified between $95,000 and $98,000, followed by a larger zone around $100,000. The latter extends up to $104,000 and precedes another zone between $107,000 and $111,000.
Below, we can again note the liquidation zone around $78,000. Lower down, a more pronounced zone is situated around $74,000. This precedes an even more pronounced zone between $67,000 and $61,000.
These thresholds constitute major inflection points for the market. An approach of the price towards these levels could trigger massive order activation, thus playing a key role in the upcoming movements, depending on the dynamics of supply and demand.
