The heatmap displayed shows the liquidation levels for Binance $BTC /USDT perpetual contracts over a 24-hour period.
It highlights the areas of high leverage activity and potential liquidation clusters, providing a fascinating insight into market dynamics.
The brighter bands indicate zones with heightened liquidation risks, offering traders key points of interest for potential price reactions.
The chart showcases how leverage positions stack up in the market and the interplay between price action and liquidation levels, painting a vivid story of market volatility and trading strategies in real-time.
Would you like an analysis of the key zones or help interpreting specific segments of the heatmap?
