Bitcoin's price is currently in a volatile zone, and a significant move in either direction could trigger substantial liquidations in the futures market. According to CoinGlass data, a surge past $96,901 would force the liquidation of approximately $1.31 billion worth of short positions across major exchanges. This "short squeeze" could further propel Bitcoin's price upward. Conversely, a drop below $92,840 could trigger the liquidation of around $2.1 billion in long positions. This "long squeeze" scenario would likely lead to a sharp price decline. Traders should exercise caution and manage risk carefully, considering the potential for these large-scale liquidations to amplify price swings. Keep a close eye on these key levels to anticipate potential market movements. ```

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