Key Takeaways:

  • If Bitcoin (BTC) falls below $87,000, the cumulative long order liquidation intensity across major centralized exchanges (CEXs) could reach $216 million, per Coinglass data.

  • Conversely, a BTC breakout above $91,000 could result in $190 million in short liquidations.

  • Liquidation intensity measures relative strength of liquidations rather than exact contract values, signaling potential volatility spikes.

Bitcoin's Critical Price Levels: $87K Breakdown vs. $91K Breakout

According to BlockBeats and Coinglass data, Bitcoin is currently sitting at a key liquidity threshold that could trigger substantial liquidations on major centralized exchanges (CEXs).

🔻 If BTC drops below $87,000:

  • $216 million in long positions face liquidation, potentially accelerating selling pressure.

  • This could create a liquidity cascade, leading to heightened market volatility.

🔺 If BTC surges past $91,000:

  • $190 million in short positions could be wiped out, fueling a short squeeze and further upside momentum.

Understanding the Liquidation Chart

The liquidation chart does not represent exact contract values but rather the relative intensity of liquidation clusters.

  • Larger liquidation columns indicate greater price sensitivity to liquidations at that level.

  • This suggests that BTC price movements near $87K and $91K could trigger strong liquidity waves, leading to rapid price swings.