$BTC /USDT liquidation map.
Key Details:
1. Current Price: $BTC /USDT is around 103,043.
2. Liquidations:
Shorts (Green Line): Traders betting the price will drop might get liquidated if the price rises.
Longs (Red Line): Traders betting the price will rise might get liquidated if the price drops.
3. Leverage Levels: Yellow, blue, and red bars show different leverage positions (e.g., 10x, 25x, 50x). Larger bars mean higher risks of liquidations in that price range.
Support & Resistance:
Resistance (Potential Sell Zone): Around 103,410 – big liquidation clusters here mean strong selling pressure.
Support (Potential Buy Zone): Around 98,562 – strong liquidation clusters below suggest buyers could defend this level.
Next Move:
If BTC breaks above 103,410, it could move higher (consider buying).
If BTC drops below 98,562, it could fall further (consider selling).
Strategy:
For Buying: Look for dips near 98,562 with signs of price reversal upward.
For Selling: Watch for a break below 98,562 or rejection near 103,410.
Use stop-loss orders to limit risks, especially with high leverage.