⬤ Bitcoin is finding its footing after Monday's aggressive liquidation sweep, with trading data from Coinglass revealing heavy liquidation clusters stacking up between $83K and $85K. Despite bouncing back from the initial drop, BTC remains vulnerable to these dense liquidity pockets that could pull price action in either direction.
⬤ The liquidation heatmap shows a massive cluster sitting just below current price around $83K—a zone that could act like a magnet if Bitcoin slips below $85K again. There's also a clean price inefficiency left behind near $93K from the monthly open, sitting above the weekend highs and marking one of the chart's most significant liquidity shelves.
⬤ Bitcoin's recent moves highlight how sensitive the market has become to these liquidity-heavy areas. Each sweep through densely packed liquidation layers triggers quick momentum shifts, and the recovery from below $85K shows an active battle between lower support clusters and the untested overhead gap.
⬤ These liquidity zones matter because they often dictate where Bitcoin's next volatile move happens. With $83K acting as a downside magnet and $93K representing an unfilled gap above, market direction will likely depend on which level BTC reaches first—potentially setting the tone for broader crypto market momentum.
Usman Salis
Usman Salis