The BTC liquidation data from the past 24 hours is quite interesting.

I checked the heat map and found that high-leverage players' orders are clustered in two positions: there are quite a few long positions accumulated above $97,000, and once this resistance level is broken, a chain liquidation may trigger a waterfall. Looking down, there is a short defense line gathered around $94,000, and if it breaks, it will be a different scenario.

In this pattern of squeezing at both ends, it is estimated that the volatility cannot be low. The more concentrated the leveraged liquidity, the more intense the chain reaction when the price triggers. Short-term traders can focus on these two key points, but don't forget to control your position - the market won't give advance notice.