Bitcoin trades near $79,825 as liquidation heatmaps show heavy longs below price, with $75,465 support and $86,514 resistance in focus.
Bitcoin liquidation heatmaps are showing a heavy buildup of long positions below current price levels.
Bitcoin trades near $79,825 on the 1-day Bitstamp chart, while traders watch for a possible downside move.
Market watchers say slowing upside momentum could make leveraged long positions more exposed.
Bitcoin Long Positions Build Below Current Price
Bitcoin is trading near $79,825 after recovering from the low-$60,000 area. The rebound has brought price back above key support levels.
However, liquidation heatmaps now show heavy long positions below spot price.
Market analysts said this setup can attract attention from large traders.
When long positions build in one area, sharp price moves can force liquidations. That can increase selling pressure during short pullbacks.
🐋 WHALE WATCH: Liquidation heatmaps are showing a massive buildup of long positions below current levels.
Market makers love to hunt these areas when the upside momentum starts to slow down.
A quick $BTC drop would wipe out billions in open interest and reset the map.
Stay… pic.twitter.com/fOuCJpeJ4V
— Whale Factor (@WhaleFactor) May 8, 2026
One market analyst warned, “Market makers love to hunt these areas when the upside momentum starts to slow down.”
The comment also noted that a quick BTC drop could reset open interest. Such a move may remove billions in leveraged positions.
The warning came as traders continue using high leverage in a volatile market.
Higher leverage can increase both gains and losses. It can also make positions more sensitive to small price moves.
BTC Price Holds Above Key Fibonacci Support
The 1-day Bitstamp chart shows Bitcoin above the $75,465 Fibonacci level. This level is marked as the 0.786 retracement area.
It now acts as near-term support for the current recovery.
If buyers defend $75,465, Bitcoin could test the next resistance at $86,514. That level is the 0.618 Fibonacci retracement.
A daily close above it could support a move toward $94,274.
The $94,274 level is marked as the 0.5 Fibonacci retracement. It may become the next target if buying pressure continues.
However, traders are still watching whether momentum can hold. Bitcoin remains below its former high zone on the chart.
The main resistance area sits between $102,035 and $111,637. That range acted as supply before the recent decline.
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Bitcoin Clears $84K Liquidity as Key Pools Build Near $75K and $70K
Momentum Improves as Traders Watch Next Dip
The MACD reading shows improving short-term momentum. The MACD line is near 1,849, while the signal line is near 1,798.
This shows that buyers have regained some control. The histogram is also slightly positive on the daily chart.
This supports the recent recovery from lower levels. Still, the gap between the MACD lines remains narrow.
The RSI is near 61, which shows stronger buying pressure. It remains below the overbought area near 70.
Because of this, Bitcoin may still have room to rise. However, RSI is now near a zone where pullbacks can form.
If upside momentum slows, traders may look toward support levels. The first key area remains near $75,465.
If Bitcoin loses $75,465, the next dip may target $70,000 to $66,000. That zone could attract buyers if selling pressure increases.
A deeper move could bring $61,391 back into view. For now, traders are watching heatmaps, leverage, and daily closes.
The next move may depend on whether Bitcoin holds $75,465. A break below it could trigger more liquidations below current levels.