Many people confuse technical support with liquidation zone and that changes everything.

In the liquidation heatmap of $BTC , the region between 66K and 73K concentrates an abnormal amount of leveraged longs.

The market tends to move towards the greatest concentration of liquidity, because that is where:

• Stops are triggered

• Positions are liquidated

• Big players can enter efficiently

This is not a prediction nor a wish for a decline.

It is market microstructure.

Price follows liquidity.

Opinion does not change that.

#BTC #trader #trader #Liquidations