The 3-day heatmap data for the futures market $BTC indicates preparation for an impulsive breakout from the current range.
On the chart, two strong liquidity zones have formed; the risks of forced long liquidations are concentrated around $76k and $75.5k, while short positions are squeezed in the $78k–$80k block‼️‼️‼️🫣
Considering the density of orders, the market is set to activate a strong directional move.
The priority is to protect margin positions and set conservative stop-losses.😳
#bitcoin #marketupdate #cryptotrading #analytics #futures
On the chart, two strong liquidity zones have formed; the risks of forced long liquidations are concentrated around $76k and $75.5k, while short positions are squeezed in the $78k–$80k block‼️‼️‼️🫣
Considering the density of orders, the market is set to activate a strong directional move.
The priority is to protect margin positions and set conservative stop-losses.😳
#bitcoin #marketupdate #cryptotrading #analytics #futures