While the price of bitcoins rises below the key resistance of USD 96,500, the liquidation heat map on BTC/USDT Para Binance sends powerful signals of the potential low squeeze up. Kevin analyst (@Kev_capital_ta) common His observations together with the attached liquidation thermal map, noting the signs of significant liquidity pools creating both the current range of Bitcoin trade.

“What we see in the last few days is perfectly setting with what I said,” Kevin explained, referring to his earlier market talks. “Stir smoothness in the direction of 91K, what we did yesterday. Maybe we take more, maybe not, but in general I have never seen such a large liquidity up on a monthly frame on #BTC. “

According to Kevin, the data definitely suggest that high liquidity – where traders’ positions would be forced to liquidate – are currently laid around the region of 91,000, and most importantly, near the 111,000 mark. While the lower zone can still see sporadic sweeping, it’s a huge cluster liquidity about 111 thousand She prompted him to forecast a potential transition to this level.

“There is more emotions in this market than I have ever seen,” he continued. “Guru resigns with X, YouTubers do not stream or create content, the comments are hateful and offensive every day […] Meanwhile, we remain measured and calculated here. “

Kevin emphasizes that many market participants are focused on altcoins, and do not monitor the structure of Bitcoins liquidity, general market capitalization and USDT dominance. He claims that the narrow concentration of traders on individual altcoins, and not on these wider indicators, causes them to lack critical signals.

“The problem is that everyone focuses on the wrong things and this is #altcoins charts,” he said. “I literally give you a textbook. Follow him. “

What the heat map of bitcoins tells us

The liquidation thermal map illustrates where vast parts of leveraced positions-such as futures or margin transactions-probably will be closed if the price reaches certain levels. When many traders place footers or maintain very marginal transactions around similar price points, these zones often accumulate as “hot places” on the heat map. If the price action is approaching these clusters, it can cause a chain reaction: forced liquidations drive further price movement, which can then cascat in faster compression or selling out.

In Kevin’s sentence, the heat map of Bitcoin currently shows billions of dollars of potential liquidation focused on higher levels (111K) and a significant fluidity block below (about 91,000). The presence of this deep liquidity at the top prompted Kevin to predict a “larger relief rally” that could enormally force low positions.

“Now, as we can see […] We have billions of liquidity up to 111K. I have seen more than ever in the time range of 1m, “he said, emphasizing how unusual this monthly concentration states. “It would be completely fine and preferred if we were swinging [the 91K area] First build even more liquidity to start a real rally. “

In addition to the liquidity data, Kevin also cites sentiments such as the Fear & Greed index, currently reflecting the reading of “fear”. From his point of view, this environment suggests that extreme market extremes – bringing bulky positioning – should determine the scene for quick shrink shift, because negative moods often accompany the local days.

“You can say that the rally wants to start with relief, but it is simply not yet completely […] In this market I see no reason to be too bear. You have to calm down and stop being so bad. Stop being so soft. “

During the BTC press it traded at USD 96 334.

A distinguished painting created from Dall.e, chart from tradingview.com