I'm monitoring the Bitcoin liquidation heatmap and what's happening now is quite interesting. Bitcoin is quite compressed within this recent high range, and what caught my attention is that a lot of liquidation is accumulating on both sides of the spot price. Both above and below, we see this liquidation interest being quite concentrated.

With BTC trading around 77.77K, it's clear that the market is very tense at this level. Looking at the Bitcoin heatmap, you can see that it's not just random movement — there's structure to it. The largest liquidation volumes are precisely at these critical points, which suggests that many people have tight positions here.

It's one of those moments when the heatmap becomes very useful for understanding where the market is truly vulnerable. I think it's worth watching how this evolves over the next few hours.