🔍 BTC/USDT Technical Analysis – Key Resistance Holding, Liquidation Zones in Play  

In this BTC/USDT 30-minute chart analysis, several critical levels and zones are highlighted, reflecting the current market dynamics:

📌 Resistance Level: Price recently tested a horizontal resistance zone but failed to break through. The market rejected around the 107150 level, indicating strong selling pressure. This is also where sellers are likely placing short positions.

📌 Seller Liquidation Zone: A yellow zone above the resistance suggests a potential liquidation area for short sellers. If the price breaks above the resistance, we could see a sharp upward movement as stop-losses of short positions get triggered.

📉 Buyer Liquidation Zone: A large blue shaded area indicates potential liquidation for buyers who entered around the top. If the price continues to fall, stop-losses for long positions may activate, potentially driving the price down further.

⚠️ Current Price: BTC is hovering around $105110, slightly above the average price level ($103536.9). The market could see volatility in either direction depending on whether bulls reclaim resistance or bears push toward the lower demand zone.

🔮 Outlook: Watch for a breakout above resistance for a potential bull run targeting the seller liquidation zone. Conversely, a breakdown below $103500 could trigger buyer stop-losses, accelerating downward movement.