If $BTC succeeds in triggering a specific liquidation wave, it is likely to flood the market with sell orders. Since the demand for BTC is already so high that even CEX exchanges are suffering from a supply shortage, these orders are expected to be executed quickly. Therefore, instead of a price decrease, we might see it rise rapidly towards the resistance area to test it! Unless no one wants to pay such a high price near a major resistance area, which also makes sense.