Recently, the crypto assets market has once again become the focus of investors' attention. According to data from analytical institutions, the price trend of Bitcoin may trigger large-scale contract liquidations.

If the price of Bitcoin falls below $115,000, the liquidation scale of long contracts on major centralized exchanges (CEX) is expected to reach $1.59 billion. Conversely, if the price of Bitcoin breaks through $119,000, the liquidation scale of short contracts could reach $390 million.

It is worth noting that these liquidation data do not represent the exact number or value of contracts, but rather reflect the intensity of liquidations across different price ranges. The height of the bars in the liquidation chart represents the potential impact of a certain price point on the market. The taller the bar, the more likely a more severe market reaction may occur when the price reaches that level.

This clearing mechanism actually reflects the high volatility and high leverage characteristics of the Crypto Assets market. Investors need to fully understand these risks when trading and take appropriate risk management measures.

At the same time, this phenomenon also highlights the complexity of the Crypto Assets market. Price fluctuations are influenced not only by supply and demand but are also closely related to factors such as leveraged trading and clearing mechanisms. For market participants, understanding these mechanisms is crucial for making informed investment decisions.

With each fluctuation in Bitcoin's price, the market is closely following the potential chain reactions that may occur. Whether bullish or bearish, there are significant potential risks. This serves as a reminder that in the opportunity-filled Crypto Assets market, risk management is always the primary consideration.