If you’re still chasing $BTC without watching liquidation zones, stop now.
This is how traders get chopped up: FOMO long near resistance, panic short near support, then watch price hunt both sides before choosing direction. The heatmap is flashing a pretty uncomfortable setup right now.
On one side, bulls can argue that shorts look “clean” up to 66K, meaning a squeeze higher is still possible if $BTC gets momentum. That would drag majors like $ETH and $BNB with it, at least short term.
But I’m leaning the other way first. Long liquidations are stacked heavily around 61K-62K, and that kind of liquidity often acts like a magnet before the market decides its next real move. If 61K gets tested, the reaction there matters more than the headline direction.
Do you think $BTC sweeps 61K first, or squeezes shorts toward 66K from here?
#Bitcoin #CryptoTrading #BTC
This is how traders get chopped up: FOMO long near resistance, panic short near support, then watch price hunt both sides before choosing direction. The heatmap is flashing a pretty uncomfortable setup right now.
On one side, bulls can argue that shorts look “clean” up to 66K, meaning a squeeze higher is still possible if $BTC gets momentum. That would drag majors like $ETH and $BNB with it, at least short term.
But I’m leaning the other way first. Long liquidations are stacked heavily around 61K-62K, and that kind of liquidity often acts like a magnet before the market decides its next real move. If 61K gets tested, the reaction there matters more than the headline direction.
Do you think $BTC sweeps 61K first, or squeezes shorts toward 66K from here?
#Bitcoin #CryptoTrading #BTC