☕ Sunday coffee and liquidity analysis in $BTC
Happy Sunday, crypto community! Grab your coffee while we review what the Coinglass liquidation heatmap shows us for Binance (BTC/USDT on a 24-hour timeframe).
🔍 Heatmap Reading
Current price: The price is fluctuating near the $79,867 zone.
Lower liquidity (Immediate support): There is a high-intensity liquidity block (yellow/bright color) located very close between $78,749 and $79,000 (concentrating pools of up to 33.98M). It is the clearest magnetic zone on the downside if the market decides to sweep leveraged long positions.
Upper liquidity (Immediate resistance): On the upside, the liquidation bands for shorts are concentrated in the $80,500 - $80,985 range, extending with lower density toward $82,102.
Day's outlook: A typical Sunday of compression and range trading. The price remains boxed in a narrow channel between $78,700 and the $
Happy Sunday, crypto community! Grab your coffee while we review what the Coinglass liquidation heatmap shows us for Binance (BTC/USDT on a 24-hour timeframe).
🔍 Heatmap Reading
Current price: The price is fluctuating near the $79,867 zone.
Lower liquidity (Immediate support): There is a high-intensity liquidity block (yellow/bright color) located very close between $78,749 and $79,000 (concentrating pools of up to 33.98M). It is the clearest magnetic zone on the downside if the market decides to sweep leveraged long positions.
Upper liquidity (Immediate resistance): On the upside, the liquidation bands for shorts are concentrated in the $80,500 - $80,985 range, extending with lower density toward $82,102.
Day's outlook: A typical Sunday of compression and range trading. The price remains boxed in a narrow channel between $78,700 and the $
