Bitcoin investors need to pay attention to these two important levels, is the market preparing to liquidate over 4 billion dollars?

The cryptocurrency market enters a new week with a green hue as Bitcoin (BTC) maintains above the threshold of 87,700 USD and Ethereum (ETH) approaches the 2,100 USD mark. The growth momentum of Bitcoin is driven by the cautious monetary policy of the Federal Reserve (FED) and a slight decrease in trading volume in the United States.

If Bitcoin surpasses the level of 89,094 USD, approximately 2.5 billion USD of short positions on centralized exchanges (CEX) will be liquidated. Conversely, if BTC falls below 83,900 USD, long positions worth 1.35 billion USD will also face liquidation pressure.

The massive liquidation and its impact on the market

According to current data, in just the past 24 hours, the market has witnessed a total liquidation value of up to 211.35 million USD. Of which, long positions liquidated accounted for 56.36 million USD, while short positions suffered larger losses totaling up to 154.98 million USD.

Notably, about 85,532 traders have been liquidated in the same timeframe, with the largest liquidation occurring on the BTC/USDT pair at Binance.

Experts believe these figures clearly reflect the strong volatility of the market and the risks that leveraged investors face.

Trend forecast and notes for investors

In the short term, Bitcoin is still fluctuating within an important range, with pressure from both buyers and sellers. If BTC breaks above the 89,000 USD level, the upward momentum may continue to expand, pushing the price towards new highs.