Liquidation data from Coinglass provides an overview of the liquidation positions of BTC on major exchanges, particularly Binance, OKX, and Bybit. By analyzing high-leverage liquidation areas, we can identify important price levels, support and resistance areas, and forecast potential price scenarios.
Below is a detailed analysis based on two important liquidation maps:
Binance BTC/USDT Perpetual Liquidation Map
Aggregate liquidation map of BTC across multiple exchanges (Binance, OKX, Bybit)
📊 Binance BTC/USDT Perpetual Liquidation Map
Current BTC Price: Approximately $81,243 (marked in the middle of the chart).
Important Observations:
High Leverage Longs: $78,000 - $80,000
This area contains many long positions using high leverage from 50x to 100x.
If the BTC price drops below $80,000, it will trigger a large number of long liquidation orders, causing strong selling pressure.
High Leverage Shorts: $82,500 and Above
A large amount of high-leverage short positions is concentrated at the price level of $82,500 and above.
When BTC breaks this level, liquidated shorts could trigger a short squeeze, pushing the price higher.
Important Levels and Market Sentiment:
Resistance Zone: $82,500 and Above
This is a strong resistance area due to the accumulation of short orders.Scenario:
If BTC breaks above $82,500, c$85,000 - $86,000tr
Support Zone: $78,000 - $80,000
$80,000 is an important psychological level, reinforced by the risk of liquidating high-leverage long positions.Scenario:
N$80,000, selling pressure will increase significantly, potentially pushing BTC down to the range $76,000 - $77,000, even lower.
Short-Term Scenario:
Bullish Scenario:
Breaking above $82,500, BTC could surge to the $85,000 range and beyond due to the short squeeze effect.
Bearish Scenario:
If BTC loses the $80,000 level, a sell-off could push the price down to the $76,000 range.
📉 Aggregate Liquidation Map BTC (Binance, OKX, Bybit)
Current Price: $81,243 (red dotted line on the chart).
Important Observations:
Resistance Zone: $82,500 - $84,000
A large amount of short liquidations is concentrated in this range, especially on Binance and OKX.
Breaking above this area could trigger a wave of short liquidations, pushing the price up to $88,000.
Support Zone: $78,000 - $80,000
Many high-leverage long positions are located here.
If BTC drops below $78,000, the pressure from long liquidations could pull the price down to the $75,000 range or even $73,000.
Broader Market Implications:
Bullish Case:
If BTC breaks above $82,500, market sentiment will shift towards a bullish trend, with a price target near $88,000.
Bearish Case:
If BTC loses the $78,000 level, the market could shift to a bearish trend, with a lower price target near $73,000.
🎯 Summary of Predictions and Important Price Levels
📢 Factors to Watch:
Macroeconomic Events:
Central bank interest rate decisions or major economic events can significantly impact the flow of funds into risk assets like BTC.
Activity of Large Institutions:
Large buy or sell orders from institutional investors can create strong momentum for prices.
Market Sentiment:
Although sentiment is currently quite optimistic, any failure to break resistance or loss of important support levels could shift sentiment to negative.
Conclusion:
The current BTC liquidation map shows important areas between $78,000 - $84,000 that will determine the next trend. Breaking these levels, whether up or down, could create significant volatility. Investors need to be cautious and closely monitor market-driving factors in the upcoming period.
