$BTC has climbed back to the $77,000 level, but the recent price action suggests this move is far from random. Instead, it appears to be a calculated liquidity hunt driven by market makers.
On Sunday, Bitcoin was pushed up to $79.5K, triggering a wave of short liquidations across major exchanges, including Binance. Traders betting against the market were forced out as the price surged sharply.
However, the move didn’t last long.
By Monday, Bitcoin dropped to $75K, reversing the trend and liquidating long positions. This rapid shift trapped traders on both sides, highlighting a classic liquidity sweep scenario.
According to market data, 75,021 traders were liquidated, with total liquidations reaching approximately $224.93 million. A significant portion of this activity was observed on Binance, where high leverage trading continues to amplify volatility.
Key Liquidity Zones to Watch
At this stage, Bitcoin is moving toward key liquidity zones:
Above $80K → Around $4.38 billion in short liquidations
Below $75K → Approximately $1.9 billion in long liquidations
These levels often act as targets, as market makers push price toward areas with the highest concentration of leveraged positions.
Binance Competition & Market Attention
At the same time, Binance has launched the Gold vs BTC Trading Competition, bringing additional attention and volume into the market. Events like these can sometimes increase short-term volatility as more traders enter with leverage.
What Comes Next?
With major liquidity pools sitting on both sides, the next move remains uncertain. Bitcoin could either push above $80K to trigger short liquidations or revisit lower levels to sweep longs.
For now, one thing is clear —
this is a liquidity-driven market, not a stable trend.