The $86,000 "Magnet" Zone
This is the immediate danger zone if the $88,000 support (which was tested earlier today) fails to hold.
Liquidation Density: There is a significant cluster of long liquidations estimated between $85,800 and $86,200.
Technical Context: This level aligns with the 78.6% Fibonacci retracement from the late 2025 move. Traders who went long during the mid-January "bounce" have their stops and liquidation points heavily concentrated right here.
🟡 The $84,000 "Final Stand"
If $86k fails, the heatmap turns extremely "bright" (yellow/white) around $84,000–$84,500.
The "Flush" Potential: Analysts see this as the "Max Pain" level for bulls. A drop into this pocket would likely trigger a cascade, as it would clear out the last major cluster of high-leverage longs from November and December.
