Bitunix Analyst: Middle Eastern hostilities ignore agreements, combined with liquidity triggers, causing BTC to weaken after reaching high levels and testing liquidation zones

BlockBeats News, April 27 — The market focus has shifted back to the “escalation risk” of geopolitical conflicts. Although the ceasefire agreement remains nominally in place, the expansion of clashes between Israel and Lebanon, along with Iran strengthening control over the Strait of Hormuz, indicate that the situation has not truly cooled down.

The crypto market has also shown signs of structural weakening. BTC failed to sustain its rally near the previous high, quickly retreated after multiple rejections in the liquidity zone above $79k, and fell back below $78k, indicating insufficient buy-side support above and that prices are still primarily driven by liquidation triggers.

From the liquidation heatmap, the range between $80k and $82k remains a clear resistance and potential liquidation zone, while the current price retreat to the $77k to $78k range corresponds to the support zone below, where liquidity is being absorbed. This pullback is essentially a replenishment process after high-level liquidity release, not a trend reversal.

Overall, as long as geopolitical risks are not substantially alleviated, BTC continues to operate within a “triggering upper liquidations → retreating to lower support” range, with the short-term market driven by the resonance of liquidity and events rather than a unidirectional trend.