$60k broke. Here's what the liquidation maps are actually telling us.
Just swept heavy long liquidity at $59,060, but look above—there’s a concrete wall of short liquidations stretching from $60,000 up to $62,500. With funding still negative (-0.0072%), a relief squeeze is technically begging to happen.
But don't get trapped.
Despite the price holding here, the 1H Cumulative Volume Delta (CVD) is still deep red (-73k). Aggressive sellers haven't gone anywhere.
My trigger points for this chop:
· Long Bias: Wait for a confirmed 1H close above $60,880 before entering. That activates the squeeze.
· Hard Stop: If we lose $59,000, cut the long. The next liquidity pocket is sitting at $58,300, and it's not worth the catch.
$BTC #BTC #BinanceSquareFamily #Liquidations

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