The previously marked resistance zones played out as expected: The first zone gave no sell confirmation and broke, while price reacted and pulled back from near the second resistance.
👀 Liquidation Map Overview
📉 If price drops below $62K, approximately $2.5B in long positions could get liquidated.
↗️ If price pushes toward $72K, around $2.7B in short positions are at risk.
🔴 Resistance: $70,150 – $71,200
🟢 Supports: $65,650 – $64,650 $62,400 – $63,300
📉 If price reaches resistance and gives confirmation → look for shorts.
📈 If price taps support zones and confirms strength → look for longs.
🌀 We’re currently sitting in a zone where liquidity is almost balanced on both sides. However, last night’s aggressive buying suggests larger players are not willing to easily give up the $62K region 🤫.
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📊 Analysis: BTC 4H.
Bitcoin – 4H Timeframe Update ✔️
The previously marked resistance zones played out as expected:
The first zone gave no sell confirmation and broke, while price reacted and pulled back from near the second resistance.
👀 Liquidation Map Overview
📉 If price drops below $62K, approximately $2.5B in long positions could get liquidated.
↗️ If price pushes toward $72K, around $2.7B in short positions are at risk.
🔴 Resistance:
$70,150 – $71,200
🟢 Supports:
$65,650 – $64,650
$62,400 – $63,300
📉 If price reaches resistance and gives confirmation → look for shorts.
📈 If price taps support zones and confirms strength → look for longs.
🌀 We’re currently sitting in a zone where liquidity is almost balanced on both sides.
However, last night’s aggressive buying suggests larger players are not willing to easily give up the $62K region 🤫.
$BTC
{spot}(BTCUSDT)