$BTC #BTC #Liquidations

liquidation heatmap highlighting liquidation leverage (purple) and order book liquidity (green) for a crypto asset. The chart reveals significant liquidation levels between 108,000 and 111,000, marked by bright green bands indicating high liquidity zones where traders may face forced liquidations. Price action shows a sharp drop after testing resistance near 111,000, followed by consolidation around 108,000. This suggests heavy selling pressure triggered liquidations, driving prices lower. The clusters of liquidation levels indicate key support and resistance zones, offering traders insights into potential price reactions and risk management in leveraged positions.