The Bitcoin price of 86,614,951,851 may trigger a chain liquidation wave!

According to on-chain data, Bitcoin is at a critical liquidation point:

Once it breaks through $86,000, the cumulative short liquidation intensity on major exchanges could reach as high as $577 million! Shorts may be completely crushed, and there could be a strong upward surge in the short term.

If it unexpectedly falls below $83,000, then $1.522 billion in long positions will face liquidation, which could trigger a deep sell-off and retreat of bulls!

The current market situation is like standing on a powder keg; any breach of a key range could trigger an instant market movement like a 'waterfall' or 'rocket'!