Key Liquidation Zones

Traders are currently boxed between two major "liquidity magnets": 

Short Liquidation Zone ($78,000 – $80,000): A break above $78,000 is expected to trigger roughly $180 million in short liquidations, likely fueling a squeeze toward the $80,000 level.

Long Liquidation Zone ($76,000 – $77,300): A decline below $77,300 puts approximately $71 million in long positions at risk. More substantial downside liquidity extends down to $76,000, where an estimated $1.99 billion in cumulative long liquidation leverage sits.