BTC was closer to the $73k liquidation cluster than the $75.3k one. That doesn’t mean it had to go there first.
In this 12 November snapshot, the bright band near $73k shows where leveraged longs could be forced to sell if price dropped into it. The band around $75.3k shows the opposite: shorts could be forced to buy back if price climbed into it.
That’s what makes the heatmap useful. It shows where a move could speed up if price gets there. It doesn’t tell you which way Bitcoin goes next.
Chart: CoinGlass · Binance BTC/USDT perpetual · 24-hour snapshot, 12 November 2026
#BTC☀
In this 12 November snapshot, the bright band near $73k shows where leveraged longs could be forced to sell if price dropped into it. The band around $75.3k shows the opposite: shorts could be forced to buy back if price climbed into it.
That’s what makes the heatmap useful. It shows where a move could speed up if price gets there. It doesn’t tell you which way Bitcoin goes next.
Chart: CoinGlass · Binance BTC/USDT perpetual · 24-hour snapshot, 12 November 2026
#BTC☀