I closed my short position to sleep well, but there are a few points I want to share. Based on the Coinglass Liquidation Heatmap and my personal perspective, here are the highlights to help us better understand the liquidation situation and the potential movement of BTC:
🔍 Important liquidation zones
Cluster around $109k
Coinglass shows that there are many large liquidation orders concentrated around the level of ~$109,933 – this creates a "liquidity vacuum". As the price approaches this level, a short squeeze may occur quickly pushing the price up to the 109k area.
Longs in the $103k–$106k range
Many long positions at around $103,400–106,000 create strong support if the price adjusts down, but there is also a risk of a cascade if this zone is broken.
📈 Psychological and technical impacts
Short squeeze pushes price up quickly
As the price approaches the 109k area, it may trigger shorts to be forced to close, creating momentum to extend the upward trend in the short term.
Solid support around $103k–106k
If the price drops, this area may become a good buying point, preventing a deeper decline. However, if it breaks, it may test $100k or lower.
✅ Summary of assessment
The likelihood of hitting $109k is very high if BTC maintains momentum and has strong enough drive.
Key thresholds:
Breakout above $109k => short squeeze => price may rise quickly.
Dropping below $103k–106k => may test lower levels.
Carefully observe trading volume near the 109k area to confirm whether the breakout is truly sustainable or just a false signal.
➡️ Strategic recommendation:
Wait for a breakout above $108k with sufficient volume (greater than average) to confirm the upward trend. At the same time, prepare a capital protection plan if the price drops below $107k – should place a stop around that zone.
I haven't entered any trades yet =.
🔍 Important liquidation zones
Cluster around $109k
Coinglass shows that there are many large liquidation orders concentrated around the level of ~$109,933 – this creates a "liquidity vacuum". As the price approaches this level, a short squeeze may occur quickly pushing the price up to the 109k area.
Longs in the $103k–$106k range
Many long positions at around $103,400–106,000 create strong support if the price adjusts down, but there is also a risk of a cascade if this zone is broken.
📈 Psychological and technical impacts
Short squeeze pushes price up quickly
As the price approaches the 109k area, it may trigger shorts to be forced to close, creating momentum to extend the upward trend in the short term.
Solid support around $103k–106k
If the price drops, this area may become a good buying point, preventing a deeper decline. However, if it breaks, it may test $100k or lower.
✅ Summary of assessment
The likelihood of hitting $109k is very high if BTC maintains momentum and has strong enough drive.
Key thresholds:
Breakout above $109k => short squeeze => price may rise quickly.
Dropping below $103k–106k => may test lower levels.
Carefully observe trading volume near the 109k area to confirm whether the breakout is truly sustainable or just a false signal.
➡️ Strategic recommendation:
Wait for a breakout above $108k with sufficient volume (greater than average) to confirm the upward trend. At the same time, prepare a capital protection plan if the price drops below $107k – should place a stop around that zone.
I haven't entered any trades yet =.