#Btcupdate
Here's a quick analysis based on what I see:
1. Coinglass Liquidation Heatmap (Model 2):
Bright yellow-green zone around $94,000–$95,000 suggests heavy liquidation clusters, likely from overleveraged longs or shorts.
That zone acts as a magnet for price — price may get pulled toward it for liquidity, but also sharply react once it's tapped (as we saw in the chart).
The dip that followed suggests many long liquidations might've occurred just after that level was hit.
2. Binance BTCUSDT Chart (15m):
Price hit $94,904.3, spiked, then dropped sharply to $91,898 — confirming a liquidation event around that $94.9K mark.
The bounce from $91.9K shows shorts started covering, giving some temporary relief.
RSI(20) near 48.2, so it's back to neutral territory after being oversold. Price currently hovering at $93,110.
Overall:
BTC likely just cleared out a batch of overleveraged longs near $95K.
If bulls can hold above $92.5K–$93K and build structure, a second leg up to test $95K again is possible.
But if it fails and breaks $91.8K again, more downside to $90K or $89K liquidation zones could follow.
