• Bitcoin shows key liquidation levels around $57,160, indicating potential price risks.

  • Solana’s liquidation levels highlight critical price zones near $135 amid market volatility.

  • Ethereum and Binance Coin display significant liquidation risks at $2,406 and $560 respectively.

Crypto trader MartyParty shared a snapshot of liquidation levels across several cryptocurrencies. The data offers crucial insights for Bitcoin (BTC), Solana (SOL), Sui (SUI), Ethereum (ETH), Binance Coin (BNB), and Toncoin (TON). The chart shows price levels where significant liquidations are likely, providing valuable information for market analysis.

Liquidation Levels 10:23am September 5th pic.twitter.com/XUYKVwdEFz

— MartyParty (@martypartymusic) September 5, 2024

Bitcoin’s Liquidation Zones: A Closer Look

Bitcoin (BTC) currently trading around $57,160, has liquidation walls at various levels. The chart shows significant liquidity at $60,800, which could act as a key resistance point. The depth of liquidation orders around $56,000 suggests a potential support zone. These zones are crucial for traders looking to enter or exit the market.

The high concentration of liquidatio…

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