The heatmap is a map showing at which price levels liquidations are concentrated in leveraged markets. Bright yellow-to-green areas indicate regions where a large number of stop and liquidation orders have accumulated. The market often moves toward these levels because once liquidations are triggered, they create a chain reaction of buy or sell orders that accelerate price movement. Looking at the chart, we see Bitcoin is currently balanced around $70,000, but significant liquidity exists on both sides. Above, short liquidity has accumulated in the $72,000–$74,000 range, while long liquidity has built up around $68,000 below. This suggests the market could make a sharp move toward one of these levels in the short term.

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