I just took a look at Coinglass’s liquidation data and found that the liquidation pressure for Bitcoin at these price levels is still quite worth paying attention to.

Simply put, if BTC can stay above $73k, short liquidations could trigger nearly $834M in liquidity volatility. Conversely, if it drops below $69k, long liquidations could reach $940M. This means both of these levels are quite sensitive price points.

However, it’s important to note that the bar charts on Coinglass actually show relative strength, not the precise number of liquidation contracts. A simple way to understand it is: the higher the bar, the more intense the market reaction when the price reaches that level. So, these data are more helpful for judging which levels are prone to triggering liquidity waves, rather than indicating exactly how much will be liquidated.