"Bitcoin is entering a critical phase as the Binance $BTC /USDT liquidation heatmap shows significant activity in the $94,000 to $96,000 range.
The heatmap reveals clusters of liquidation levels, reflecting a high concentration of leveraged positions.
This tight range indicates a battle between bulls and bears, with both sides defending their positions vigorously.
The yellow and green bands highlight areas with heavy liquidation leverage, suggesting that traders are betting big on price movements in either direction.
If Bitcoin breaks above $96,000, it could trigger a wave of short liquidations, fueling a rapid upward move.
Conversely, a dip below $94,000 could set off a cascade of long liquidations, potentially driving the price sharply downward.
With leverage peaking and volatility likely on the horizon, traders should brace for significant market action.
This is a pivotal moment—will the bulls take control,