Just looked at the latest BTCUSDT liquidation distribution chart—there are a few key levels worth noting.

Starting with the lower side: the $85,650 to $86,000 range. The yellow horizontal band is especially prominent on the heatmap—the early session’s plunge wiped out most high-leverage longs, and now the liquidation density piling up here has become potential fuel for a rebound. If short covering kicks in and panic buying joins the action, this area could trigger a rapid move upward.

Looking at the upper side: the $93,000 to $93,450 ridge is glaringly yellow at the top. During the afternoon’s rebound attempt, a large number of shorts were liquidated here. If this resistance is truly broken, the short squeeze could be intense; but if there’s a sharp rejection after the breakout, longs could be in trouble, potentially setting off a chain reaction of stop-losses.

The total liquidation amount over the past 24 hours is about $122 million—leverage usage is still relatively restrained. Still, the "striped layering" pattern on the chart, combined with narrowing candle swings and signs of local recovery, suggests the market is gearing up for a big move. When these high-density price zones are retested, volatility is likely to spike.