Current Liquidation Clusters (Approx. Levels)
The most recent data indicates that "market magnets" (areas with high density of stop-losses and liquidation prices) are forming around these key zones:
Upper Resistance (Short Squeeze Zone):
$92,800 – $94,000: There is a growing concentration of short liquidations here. If Bitcoin breaks above $92,800, it could trigger a "short squeeze," forcing traders to buy back positions and potentially accelerating the price toward $98,000.
Lower Support (Long Liquidation Risk):
$84,800 – $86,000: This remains the "hot" zone for long liquidations. Many traders have placed their "max pain" levels just below the recent lows. A dip into this range could cause a "long flush," where cascading sell orders drop the price rapidly toward $82,200.
