BTC Liquidation Heatmap – Who are the sharks targeting?

As a trader who follows the analysis of large money flow behavior rather than just looking at candles and indicators, I see the liquidation heatmap as a place that exposes the positions of weak traders and areas that could be targeted for stop-loss hunting. And today, the heatmap is sending a fairly clear message: the liquidation battlefield is forming at both ends – but with the focal point being the lower region.

Notable data:

The largest liquidation cluster is currently around the 102,000–102,500 range, with the peak of the cluster at 102,685.73 having liquidations totaling 163.59 million USD – a figure not to be taken lightly.

Additionally, there is a smaller cluster above around 105,500–106,000, but with lower volume.

Personal perspective:

With the large liquidation focus below the current price, I see a very high possibility that the sharks may pull the price down to sweep this area first, especially if accompanied by supporting data such as a funding reversal, overbought technical indicators, or negative CPI news from last night.

I am not rushing into a long position when I see a large liquidation cluster right below the price – because usually such clusters will be hit before the market can rise again, unless there is genuinely strong and surprising buying pressure.

Personal strategy:

I am not opening a long position just yet, even though the price has shown slight technical recovery.

I prioritize observing the price reaction around the 102,000 area; if there is a quick spike down + significant volume appearing there, then that will be the moment I consider entering a long position in a “bottom-fishing with risk management” manner.

If BTC is pulled down through this entire liquidation cluster without any reaction, I will stay out and wait for a lower region to find balance again.