1. Order book Heatmap When is it bearish? • Large sell clusters = limit asks • Stacked sell walls overhead persist, repeatedly reject price • Sell walls step down toward market (sellers chase lower prices) • Bid-side below thin (“air pockets”) so dips accelerate

1.1 Order book Heatmap When is it bullish? • Large buy clusters = limit bids • Stacked buy walls below absorb sells and hold levels • Buy walls step up toward price (buyers chase higher → higher lows) • Ask-side above is thin, so small buy flow lifts price quickly

1.2 Order book Heatmap What is unique about Kiyotaka Heatmaps is that show hyperliquid liquidation prices Which are actual liquidation prices guaranteed to happen on-chain

1.3 Order book Heatmap Kiyotaka’s Heatmap shows a grid where each block's intensity reveals how many buy or sell orders exist at different price levels during each time period. Stronger intensity means more orders

1.4 Order book Heatmap The Heatmap Magnifier gives you a closer look at specific areas of the heatmap without zooming in the chart. When you pause your cursor over any area, the magnifier appears, showing the exact liquidity values at that position and its surrounding blocks.

1.5 Order book Heatmap: Order book + Heatmap strategy When the SCF Orderbook shows strong green (buyers) and the heatmap has short-liquidation clusters above price, expect a short squeeze. Strong red and long-liquidation clusters below price increase risk of a cascade lower.

2. What is an Order book? The Order book shows the available liquidity (volume of coins/tokens) at every price level. Heatmaps transform this information into a visual format that's much easier to interpret than raw numbers.

2.1 What is an Order book? Bids: Buy orders below current price Asks: Sell orders above current price Amount: Volume available at that exact price level, what can be filled there immediately Total: Showing cumulative depth and where support or resistance may form

2.2 What is an Order book? Order book Depth Indicator Provides a streamlined view of market imbalances as layered areas on your chart: - Spot significant imbalances - Track depth changes over time - Identify potential support/resistance zones

2.3 What is an Order book? Limit Orders: Orders placed at specific prices that wait to be filled Market Orders: Orders that execute immediately at the best available price The Order book: The complete collection of all limit orders waiting to be filled

@SoulzBTC thanks man, as always well explained and simple

@stecryptoshaman Thank you bro 🤝🏽

@SoulzBTC Thanks for sharing! Looking forward to learning more about order books, especially the heatmap visualization. Always trying to understand crypto trading better.

@icomaki2 Hope you like the thread 🤝🏽

@SoulzBTC Excellent and very educational explanation. Thanks for sharing.

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@SoulzBTC Thank you once again

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