Immediate Liquidation Zones

Short Liquidation Zone ($69,000 - $70,000):

This is the primary overhead resistance wall.

A heavy cluster of short liquidations is concentrated around $69,000.

A decisive break above $70,000 could trigger a significant short squeeze, as this level has been "fiercely defended".

Long Liquidation Zone ($65,000 - $66,000):

Dense long positions are stacked near $66,000.

The $65,107–$65,631 range is identified as a critical support cluster.