BTC Liquidation Heatmap Analysis (3D Timeframe)
BTC is currently around $75,600, down approximately 5%–6% over the past 24 hours. After recently rebounding above $80,000, it has fallen sharply again and is now back in a battle for support near $75,000.
I. Key Market Data
According to market-wide liquidation data for November 6:
BTC 24-hour long liquidations: approximately $202.37M
BTC 24-hour short liquidations: approximately $22.95M
Long liquidations were approximately 8.8 times the size of short liquidations. Total market-wide liquidations over 24 hours: approximately $897M (covering four exchanges).
Assessment: Long positions are continuing to be flushed out, and bears have the advantage in the short term. The market has yet to show a clear reversal signal.
The current CLLD value cannot be reliably retrieved, so no data is provided rather than inventing a figure.
II. Key Liquidation Zones
1. Lower Long Liquidation Zone (Red Zone)
$74,800–$75,156
$75,156: approximately $155M
$75,082: approximately $143.9M
$74,564: approximately $89.7M
$74,416: approximately $106.5M
Analysis:
The area around $75,000 is currently the most important long liquidation zone to watch.
If the price breaks decisively below $75,000, it could trigger another cascade of long liquidations, sending the price further down in search of liquidity near $74,500.
2. Upper Short Liquidation Zone (Green Zone)
$76,783–$77,596
$76,783: approximately $85.9M
$77,078: approximately $81.8M
$77,522: approximately $91.3M
$77,596: approximately $89.7M
Analysis:
If BTC can reclaim and hold above $75,500 and stage a sustained rebound, $76,783 will be the first important short liquidation target.
A further breakout above $77,000 could trigger short covering and push the price to test the area around $77,500.
III. Possible Price Scenarios
There are currently two main possibilities:
Bearish scenario:
Break below $75,000 → test $74,564 → then watch $74,416.
Rebound scenario:
Hold $75,000 → reclaim $76,000 → test $76,783 → then watch $77,500.
IV. Summary
Long liquidations are significantly higher than short liquidations, and the short-term market outlook remains bearish.
However, substantial short liquidation liquidity also lies above the current price. A strong rebound could trigger a short squeeze.
My view: I don't recommend blindly chasing shorts at this point. The key is to watch whether $75,000 holds. If it breaks, watch for lower liquidation levels; if it holds, look for a potential rebound and short squeeze.
BTC is currently around $75,600, down approximately 5%–6% over the past 24 hours. After recently rebounding above $80,000, it has fallen sharply again and is now back in a battle for support near $75,000.
I. Key Market Data
According to market-wide liquidation data for November 6:
BTC 24-hour long liquidations: approximately $202.37M
BTC 24-hour short liquidations: approximately $22.95M
Long liquidations were approximately 8.8 times the size of short liquidations. Total market-wide liquidations over 24 hours: approximately $897M (covering four exchanges).
Assessment: Long positions are continuing to be flushed out, and bears have the advantage in the short term. The market has yet to show a clear reversal signal.
The current CLLD value cannot be reliably retrieved, so no data is provided rather than inventing a figure.
II. Key Liquidation Zones
1. Lower Long Liquidation Zone (Red Zone)
$74,800–$75,156
$75,156: approximately $155M
$75,082: approximately $143.9M
$74,564: approximately $89.7M
$74,416: approximately $106.5M
Analysis:
The area around $75,000 is currently the most important long liquidation zone to watch.
If the price breaks decisively below $75,000, it could trigger another cascade of long liquidations, sending the price further down in search of liquidity near $74,500.
2. Upper Short Liquidation Zone (Green Zone)
$76,783–$77,596
$76,783: approximately $85.9M
$77,078: approximately $81.8M
$77,522: approximately $91.3M
$77,596: approximately $89.7M
Analysis:
If BTC can reclaim and hold above $75,500 and stage a sustained rebound, $76,783 will be the first important short liquidation target.
A further breakout above $77,000 could trigger short covering and push the price to test the area around $77,500.
III. Possible Price Scenarios
There are currently two main possibilities:
Bearish scenario:
Break below $75,000 → test $74,564 → then watch $74,416.
Rebound scenario:
Hold $75,000 → reclaim $76,000 → test $76,783 → then watch $77,500.
IV. Summary
Long liquidations are significantly higher than short liquidations, and the short-term market outlook remains bearish.
However, substantial short liquidation liquidity also lies above the current price. A strong rebound could trigger a short squeeze.
My view: I don't recommend blindly chasing shorts at this point. The key is to watch whether $75,000 holds. If it breaks, watch for lower liquidation levels; if it holds, look for a potential rebound and short squeeze.
