I noticed something interesting on the BTC liquidation chart — the clusters at the bottom are much denser than I expected. It turns out that the level around 75K acts as a decent cushion for a drop. Currently, the price is holding above, and if these negotiations (20-21) go smoothly, it could move upward.



The liquidation chart often shows where the crowd will be trapped. Here, it’s clear that the lower area is tightly packed, meaning short positions will face a tough fall. If the price stabilizes here and the negotiations don’t spoil the market sentiment, the trend could change.

I’m watching how this develops. The liquidation chart is a good indicator for understanding levels where a rebound or reversal might occur.
BTC-1.22%
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