At a key level, Bitcoin is battling a long-standing downward resistance trendline that is just below the $108,000 mark. Although bulls are seen in the current price structure getting ready for a potential breakout, the liquidation heatmap is where the real action is happening behind the scenes.

Three different price points stand out as crucial areas of high-leverage liquidity based on CoinGlass's 24-hour Bitcoin liquidation heatmap. They are battlegrounds where a significant number of overly leveraged long and short positions are expected to be eliminated; they are not merely technical targets. The levels are broken down as follows. This is the first critical zone at $106,000.

Just above this level, there is a high concentration of short liquidations, which means that if Bitcoin rises above it, it may lead to a wave of forced buy-ins from bears who are overly leveraged. With Bitcoin flirting around $107,000, this may already be happening.

$108,000: From a technical and liquidation perspective, this is the most pressing and important resistance. It is indicated as a cluster of liquidity and corresponds with the price chart's descending trendline. As shorts are eliminated, we should expect a sharp increase in price if Bitcoin breaks this barrier with volume. 

$111,500-$112,000: The last cluster of liquidations is located further above. If the previous two zones are breached, it will probably act as a magnet and set a trap for any remaining shorts. Additionally, it aligns with the upper resistance band that was observed earlier this month.

These liquidity pockets are currently more significant than moving averages or simple support/resistance levels. They reward those who correctly ride the volatility and show where traders are positioned and where the market will be most vulnerable.

Conclusion: Keep a close eye on $106,000-$108,000 and $112,000. These are the points of pressure where Bitcoin is either forcefully rejected or erupts into new highs. Liquidity will determine the next course of action.