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Crypto
Bitcoin liquidation heatmap: Reading crowded price zones before sharp drops
A bitcoin liquidation heatmap can help gauge where price volatility may increase by showing where leveraged positions are concentrated, the Crypto Basic said on June 5. The tool overlays exchange data such as open interest, leverage and margin levels on a price chart. When liquidation orders cluster at certain levels, price moves into those zones can trigger cascading liquidations. Examples cited include a February drop and large liquidations on HTX.
Crypto
Bitcoin slides in downturn as retail investors opt for spot buying and long bets
Bitcoin slipped to around $72,000 and tested the lower end of its monthly trading range amid selling across spot, futures and spot bitcoin ETF markets, Cointelegraph reported. Some indicators, however, showed demand for dip-buying. Retail investors increased spot purchases and expanded long positions, with a retail futures metric topping 64 percent. The report cited ETF outflows, renewed U.S.-Iran military clashes, inflation worries and uncertainty over the Senate passage of the Clarity bill.
Crypto
Bitcoin buy wall at $68,000 to $70,000 draws focus, raising risk of short-term correction
Bitcoin futures and order book data show a concentration of buy orders in the $68,000 to $70,000 range, while traders watch downside liquidity more than a break above $80,000. Derivatives data point to rising selling pressure, and liquidation maps show large long exposure near $74,700. Hyblock said retail long positioning has climbed above 60 percent, a level that previously coincided with fading momentum. Attention is on whether demand at $68,000 to $70,000 holds as support.