Where Bitcoin's Liquidation Bombs Are Hidden

Coinglass just dropped a map of the current BTC minefield, and it’s brutal.

The numbers:

• Dip to $96,687? → $17.86B in long liquidations cascade
• Rally to $106,767? → $13.03B in short squeezes light up

BTC is sitting at $102K right now—basically in the eye of the storm. And here’s the problem: the downside danger is way more immediate. That bear trap at $96,687 is only ~5.5% away, while the bull target is 4.7% up. Longs are basically on thin ice.

The game plan isn’t complicated: if price drops even 2-3%, watch out. Liquidations don’t trickle—they cascade. Margin calls trigger more sells, which trigger more calls. Waterfall effect incoming.

Flip side: if bulls can actually hold and push through $106,767, the forced short covering becomes a buying stampede. Game over for bears.

What this means for your portfolio: Stop guessing direction. The real edge right now is understanding these liquidity clusters. Tight stops below $96K. Tight risk management above $105K. And if you’re leveraged long at $102K? You’re essentially betting on a push to $106K+. One red candle and you’re toast.

The market isn’t sleeping on this. Both sides are heavily positioned. Whoever controls these price levels controls the next 10% move.