If you are following the liquidation map on Coinglass/Binance BTC/USDT Perpetual, you have definitely seen this picture:
Current price: ~66,241 USD
🔴Above the current price: Short liquidation is quite thin, total cumulative short leverage is only a few tens of millions up to ~100M at higher levels.
🟢Below the current price: Long liquidation is dense, especially in the ranges of 65k–64k, 63k–62k, and extends deeper with hundreds of millions up to a total of billions of USD in Long positions at risk of being swept if the price tests again.
The most prominent point on the chart:
🔸The price zone just below 66k–65k has accumulated a lot of Long liquidity (the long and thick red histogram bars).
🔸If BTC dumps another 1–3% (to around 64,500–65,000), hundreds of millions of USD Long will begin to be liquidated → creating a domino effect, pushing the price down faster.
🔸High leverage levels (25x, 50x, 100x) are concentrated quite a bit at lower price levels than current → this is an 'attractive bait' for any downward wick.
Psychological analysis & liquidity:
🔸When too many traders open Long at one price level → the market often tends to test back to take liquidity. This is not a 'conspiracy', but the nature of the derivatives market: liquidity is always where the crowd is.
🔸Currently, the Short side is still dominating in the short term. The Long side is 'heavier' and easier to be swept.
The most likely scenario (high probability):
1️⃣ Light dump to sweep Long → price down to 64,500–65,000, liquidating several hundred million → creating additional downward pressure, then rebound.
2️⃣ Sideways accumulation → price fluctuates around 66k, waiting for more real buying power to breakout.
3️⃣ Strong breakout up → requires real volume + large short squeeze, but currently the short liquidation above is still quite thin → lower probability in the short term.
Risk management advice:
🔸Do not FOMO Long when the price is right above a thick liquidation zone.
🔸If you are holding Long, set a tight stop-loss below 65k–65.5k to avoid being swept unexpectedly.
🔸At this stage, prioritize capital preservation rather than chasing strong upward expectations.
🔸The market does not follow the crowd — it goes where there is liquidity.
What do you think about the liquidation map right now? BTC will sweep Long first and then pump?
Or will it sideways wait for real buying power?
Comment your prediction on the next price level BTC will test!
#BTC #bitcoin #liquidationmap #cryptotrading #BinanceSquare
NFA – DYOR
