SIGNAL ALERT
If $BTC manages to hit the highlighted liquidation cluster, it could trigger a wave of sell orders flooding the market. However, due to the high demand for BTC — with even CEXs experiencing low supply — these orders are likely to be absorbed quickly.
As a result, instead of a price drop, we could see BTC spike upward, potentially heading toward the resistance zone to test it.
That said, there’s also a chance buyers may hesitate to purchase at such high levels near a key resistance, which would be a reasonable scenario too.
