Bitcoin (BTC)

Binance 1 week Liquidation HeatMap tells the story https://t.co/9zM1reZ4XJ

The liquidation heatmaps are starting to tell us something very important .

On the 1-month heatmap, there’s still a huge amount of liquidity sitting around $50,000, while another major cluster remains overhead between $70,000-$80,000.

On the 1-week heatmap, Bitcoin came close to sweeping the liquidity around $57,000, but never quite reached it.

The 48-hour heatmap shows liquidity continuing to build underneath the current price, while much of the nearby liquidity above has already been tested.

Then, on the 24-hour heatmap, every push higher has encouraged more leveraged longs to enter the market, creating an even larger liquidation zone below price.

That’s the important part.

These heatmaps aren’t directional.

They simply show where the liquidity is sitting.

When you combine them with funding, open interest, spot flows and positioning, they tell a much bigger story.

Right now, I still don’t see convincing evidence of aggressive spot accumulation.

Until that changes, I continue to view these rallies as opportunities rather than confirmation that the market has reversed.