Analysis of liquidations for Bitcoin (#BTC , time frame 1 day)
Current price: around $109,500
The liquidation map shows the following:
In the zone below $109,000, major long positions have already been liquidated — buying activity has noticeably decreased.
Between $112,000 and $114,000, a large cluster of short liquidations is concentrated, indicating a high liquidity concentration in this range.
Conclusion:
The market is in a neutral state; however, if the price consolidates above $111,000, a momentum rise to $113,500–$114,000 is possible, where the sellers' stops are located.
If the quote drops below $109,000, a continuation of the decline to the $107,000–$108,000 range is likely.
BTCUSDT
Perp
91,741.3
+2.32%
BNB
896.77
-0.08%