24-Hour Liquidation Heatmap Breakdown
The "Long" Trap (Support Zone): There is a dense, bright yellow cluster of long liquidations sitting between $85,000 and $86,000. If Bitcoin slips below the $87,100 intraday low, this zone is expected to act as a "magnet," potentially triggering a cascade of forced sells that could flush the price down toward your $80k target.
The "Short" Squeeze (Resistance Zone): On the upside, a significant wall of short liquidations is building between $91,000 and $92,500. A break above $90,000 would likely force these shorts to cover, creating a "buy-back" surge that could quickly propel the price back toward $95,000.
Recent Market Impact
The last 24 hours have already been a "bloodbath" for over-leveraged bulls:
Total Liquidations: Over $130 million in the last few hours alone as BTC dipped below $88,000.
24h Sentiment: Long liquidations are currently dominating (~91% of total liquidations), indicating a "long squeeze" is in progress.
Key Level to Watch: The $88,000 level is the current "pivot." Staying below it keeps the pressure on the $85k liquidity pocket.