$BTC liquidation clusters are stacked above price between $76K–$85K, but most shorts in that zone have already been cleared. The real concern sits below, with heavy liquidations from $65K down to $53K creating downside risk. Picture this: BTC pushes toward $97K, confidence builds, and traders treat any dip as a routine pullback, piling into longs expecting $100K. Instead, price reverses, sweeps those positions, and drives lower, printing fresh lows. That’s typical bear market behavior, trapping late longs after upside expectations peak. Not saying it must play out this way, but the probability is there. Until the broader market structure shifts, chasing spot entries or opening leveraged longs here looks risky. At this stage, it’s more about patience than participation.