Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#Strategy加仓BTC Bitcoin Sentiment Heatmap Decoding: The Life and Death Moments at 107000 and 68000
Attention all seasoned traders.
Recently, the data changes in the Bitcoin heatmap have been quite interesting—the market is repeatedly testing between two key price levels, and the shifts in capital flow are clearly visible.
This thing is actually very straightforward: it visualizes the accumulation of funds on exchanges and on-chain. Red zones indicate intense selling pressure, while green zones show funds lurking at the bottom.
So, what is the current situation? The 107000 level has become a clear zone of capital resistance—chips are heavily stacked here, and signs of large traders unloading are obvious. Chasing this price level is not advisable; many have been caught in high positions.
On the other hand, the situation around 68000 is completely different. This level has decent buying support, with multiple buy orders gathered here. For those looking to bottom fish, this zone is worth close observation.
What about the middle range? To put it simply, it’s a zone where neither bulls nor bears have much reason to force the issue. Funds are being consumed there, and volatility is limited. Unless you’re aiming to earn a couple of points in fees, there’s little operational significance.
The core logic is this simple: when facing resistance at high levels, consider exiting; when there’s support at low levels, you can try; the middle range is best to watch. Trading based on the numbers 107000 and 68000 is definitely better than blindly following the crowd.
Save the heatmap chart for reference; it’s more reliable than just listening to hype.