▪️Navigating Volatility in a $115K Zone
🔘Introduction:
Bitcoin (BTC) trading at ~$115,189 USD, down 0.20% in 24 hours.
Market cap: $4.17 trillion, BTC dominance: 56%.
48-hour liquidation heatmap from CoinGlass (BTC/USDT, Binance) analyzed.
Total liquidations: $500M+ (48h), Binance ~40%.
October 10 purge: $23B, OI down 20% ($35B to $28B).
Fear & Greed Index: 38 (fear), 75% upside probability historically.
OI: $280B, perps 77% of $78.49B volume.
🔘Current Market Overview:
Sideways grind post-purge, rebound from $113,400.
7% weekly gain, ETF inflows: $2.6B, stablecoin mints: $1.75B.
Taker flow bearish (-4%), whales cautious (-271 BTC tilt).
50-day MA falling, 200-day rising since March.
Macro: Rate cut hopes vs. $637M unlocks, tariff risks.
Volatility vise: Longs below, shorts above.
🔘Breakdown of Liquidation Clusters:
$114,000–$115,000 Zone
High long liquidation risk ($24.93M, 5% of 48h total).
Density: 137,879, 70% long skew.
Support; drop could trigger buy cascade.
$113,400–$113,600 Support
Mixed liquidity ($12.68M shorts).
Rebound zone post-$98K dip.
Breach risks $111,800; 75% hold rate.
$116,000–$117,000 Resistance
Short squeeze potential ($10.78M locally).
Break above $115,500 could ignite cascade.
Density escalates (132,872 to 117,850).
$110,000–$112,000 Support
Short vulnerability ($12.68M).
$111,800 trapdoor if momentum fades.
$120,000–$128,000 Extended Zone
$15B+ shorts primed for squeeze.
Push past $117K could drive beyond $128K.
🔘Buy and Sell Ranges
Buy Ranges:
Primary: $113,600–$114,400 ($24.93M long fuel, 2–5% upside to $116K, stop below $113,400).
Secondary: $110,000–$111,800 ($12.68M short bounce, 10–15% potential, higher risk).
Sell Ranges:
Primary: $116,200–$117,000 (short-heavy, 3–7% move).
Secondary: $120,000–$122,000 ($15B short cluster, trail stops pre-$128K).
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