ChainCatcher Data Tracking: According to Coinglass's monitoring of CEX liquidation dynamics, the current Bitcoin (BTC) long and short positions are at a sensitive equilibrium point.
If the BTC price drops below the $83,529 mark, long positions on major trading platforms face concentrated liquidation risk, with the total liquidation strength reaching $16.14 billion. On the upside, if BTC can break above $91,719, the accumulated short liquidation strength will rise to $13.52 billion.
According to the latest data, Bitcoin is currently fluctuating around $93.21K, approaching the upper liquidation trigger point. This means that whether it breaks upward or pulls back downward, mainstream CEX exchanges will face a large-scale chain liquidation effect, and market participants should closely monitor the technical performance of these two key price levels.
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ChainCatcher Data Tracking: According to Coinglass's monitoring of CEX liquidation dynamics, the current Bitcoin (BTC) long and short positions are at a sensitive equilibrium point.
If the BTC price drops below the $83,529 mark, long positions on major trading platforms face concentrated liquidation risk, with the total liquidation strength reaching $16.14 billion. On the upside, if BTC can break above $91,719, the accumulated short liquidation strength will rise to $13.52 billion.
According to the latest data, Bitcoin is currently fluctuating around $93.21K, approaching the upper liquidation trigger point. This means that whether it breaks upward or pulls back downward, mainstream CEX exchanges will face a large-scale chain liquidation effect, and market participants should closely monitor the technical performance of these two key price levels.