The $BTC /USDT liquidation heatmap is ablaze, and the past 24 hours have been nothing short of a battlefield!
With intense liquidation clusters forming between $92,000 and $96,000, it's clear that leveraged traders are getting caught in the crossfire.
The density of liquidations, highlighted by the vibrant yellow zones, signals massive stop-loss triggers and margin calls, shaking the market's equilibrium.
Bitcoinโs price appears to be consolidating near $94,000, but the pressure is palpable.
Will it break upwards, catching over-leveraged shorts off guard, or plummet further, liquidating long positions below $92,000? One thing is certain: volatility reigns supreme.
For traders, this is the moment to tread cautiously or seize the opportunity.
The heatmap reveals where the market tension lies โ are you ready to take advantage, or will you be part of the liquidation storm?