According to the latest data from Coinglass, the future of Bitcoin depends on whether it can break through a key price threshold. If Bitcoin surpasses the critical level of $105,000, the short liquidation intensity across major centralized exchanges (CEX) could soar to an astonishing $7.13 billion. Conversely, if it falls below $102,000, it may trigger long liquidations, with the cumulative liquidation intensity reaching approximately $7.04 billion.
It must be clarified that the indicators listed in the liquidation chart are for reference only, and not definitive, as they describe the relative importance of each liquidation cluster rather than the exact number of risk contracts. Visualization helps to understand how market dynamics change as important price points are approached. The significant height of the liquidation bar chart indicates a higher likelihood of market reaction, underscoring the importance of monitoring these thresholds for trading strategies.
