📊 BTC Liquidation Heatmap Analysis (3D Level)
📍 Current Market:
BTC is currently around $73,431, down approximately 1.87% over the past 24 hours.
BTC has weakened again and is trading near $73,000, as leveraged long positions continue to be liquidated. In the short term, pay close attention to the long liquidation zone around $72,000 and the short liquidation zone above $74,000.
📉 I. Key Data
According to the latest data for November 11:
BTC open interest: approximately $51.44B
24-hour futures trading volume: approximately $62.42B
24-hour long liquidations: approximately $178.47M
24-hour short liquidations: approximately $27.70M
Long liquidations are significantly higher than short liquidations.
Analysis: The market is seeing noticeable deleveraging among long positions, giving short sellers the advantage in the near term. If prices continue to fall, watch out for cascading long liquidations.
🎯 II. Key Liquidation Zones
👇 Long liquidation zone below (red zone)
📍 $71,500–$72,500
$72,500: approximately $25.6M
$72,000: approximately $27.4M
$71,500: approximately $77.1M
$71,000: approximately $60.8M
Analysis:
The area around $71,500 is currently a major concentration zone for long liquidations and deserves close attention. If BTC falls below $72,500, it may test $72,000 and then $71,500. A decisive break below these levels could trigger an accelerated wave of long liquidations.
☝️ Short liquidation zone above (green zone)
📍 $74,000–$75,500
$74,000: approximately $42.6M
$74,500: approximately $12.5M
$75,000: approximately $6M
$75,500: approximately $5.3M
Analysis:
The area around $74,000 is the nearest significant concentration zone for short liquidations. If BTC gets back above $74,000 and the rebound continues on strong volume, it may go on to test $74,500 and $75,000.
🔍 III. Possible Price Scenarios
Bearish path:
Break below $73,000 → test $72,500 → then watch $72,000 and $71,500.
Rebound path:
Hold above $73,000 → break above $74,000 → test $74,500 → then watch $75,000.
⚠️ IV. Summary
Long liquidations are clearly outweighing short liquidations, and the short-term market remains bearish.
Notably, there is a major concentration of long liquidations around $71,500, while $74,000 is the key level above that BTC needs to break through first.
My view: There’s no need to rush into buying the dip in the short term. Focus on whether $73,000 holds. If it breaks below, watch for long liquidations at lower levels; if BTC gets back above $74,000, look for a potential rebound.
#BTC
📍 Current Market:
BTC is currently around $73,431, down approximately 1.87% over the past 24 hours.
BTC has weakened again and is trading near $73,000, as leveraged long positions continue to be liquidated. In the short term, pay close attention to the long liquidation zone around $72,000 and the short liquidation zone above $74,000.
📉 I. Key Data
According to the latest data for November 11:
BTC open interest: approximately $51.44B
24-hour futures trading volume: approximately $62.42B
24-hour long liquidations: approximately $178.47M
24-hour short liquidations: approximately $27.70M
Long liquidations are significantly higher than short liquidations.
Analysis: The market is seeing noticeable deleveraging among long positions, giving short sellers the advantage in the near term. If prices continue to fall, watch out for cascading long liquidations.
🎯 II. Key Liquidation Zones
👇 Long liquidation zone below (red zone)
📍 $71,500–$72,500
$72,500: approximately $25.6M
$72,000: approximately $27.4M
$71,500: approximately $77.1M
$71,000: approximately $60.8M
Analysis:
The area around $71,500 is currently a major concentration zone for long liquidations and deserves close attention. If BTC falls below $72,500, it may test $72,000 and then $71,500. A decisive break below these levels could trigger an accelerated wave of long liquidations.
☝️ Short liquidation zone above (green zone)
📍 $74,000–$75,500
$74,000: approximately $42.6M
$74,500: approximately $12.5M
$75,000: approximately $6M
$75,500: approximately $5.3M
Analysis:
The area around $74,000 is the nearest significant concentration zone for short liquidations. If BTC gets back above $74,000 and the rebound continues on strong volume, it may go on to test $74,500 and $75,000.
🔍 III. Possible Price Scenarios
Bearish path:
Break below $73,000 → test $72,500 → then watch $72,000 and $71,500.
Rebound path:
Hold above $73,000 → break above $74,000 → test $74,500 → then watch $75,000.
⚠️ IV. Summary
Long liquidations are clearly outweighing short liquidations, and the short-term market remains bearish.
Notably, there is a major concentration of long liquidations around $71,500, while $74,000 is the key level above that BTC needs to break through first.
My view: There’s no need to rush into buying the dip in the short term. Focus on whether $73,000 holds. If it breaks below, watch for long liquidations at lower levels; if BTC gets back above $74,000, look for a potential rebound.
#BTC
