Why aren't the bright areas on the liquidation heatmap indicative of inevitable price targets? In this 24-hour liquidation heatmap for the Binance BTC/USDT perpetual contract, distinct bright horizontal bands are visible around $80,000 and $77,500. These bright bands are easily interpreted as potential price targets. However, before interpreting the chart, it's crucial to distinguish between potential liquidation distribution and existing buy/sell orders in the order book. The liquidation heatmap estimates the potential liquidation scale at different price levels based on market data and leverage levels. On the same chart with the same settings, brighter colors represent a larger potential liquidation scale estimated by the model. It is not a complete, publicly available picture of exchange positions. In the chart, after BTC rose from approximately $76,000 to above $80,000, there are still clear bright bands below. This indicates that even after a price increase, the model-estimated potential liquidation areas can still be distributed at lower levels; their existence alone does not constitute a reason for a necessary price pullback. The key is when these potential positions will translate into actual trades. If prices fall, related long positions may reach the exchange's liquidation criteria, and forced liquidation could increase selling pressure; conversely, price increases triggering short liquidation could create buying pressure. When these trades occur in a concentrated manner, and the nearby order book lacks sufficient support, the original price movement could be amplified. However, before the trigger, traders may have already reduced, closed, or replenished their margin. Therefore, the bright bands we see now cannot be considered fixed liquidation targets indefinitely. Furthermore, this chart only covers one perpetual contract market on Binance and cannot represent the position distribution of the entire BTC market. Therefore, rather than judging "the price will definitely go there" based on seeing a bright band, a more valuable question is: if the price enters this area, will the potential forced liquidation amplify volatility? Liquidation heatmaps are suitable for observing locations where chain reactions may occur. Determining price direction also requires considering actual buying and selling power, trading volume, and order book depth.