The liquidation map data shows that if #BTC breaks through $110,000, the cumulative short liquidation intensity on mainstream CEX will reach $2.14 billion. Conversely, if Bitcoin falls below $100,700, the cumulative long liquidation intensity on mainstream CEX will reach $7.56 billion.

According to CoinAnk liquidation data, the current liquidation threshold in the Bitcoin market reflects the game between bulls and bears at critical price levels. According to the liquidation map data, if BTC breaks through $110,000, it will trigger $2.14 billion in short liquidations, which may lead to a "short squeeze" effect, where short covering further drives up the price, forming a positive feedback loop. Conversely, if the price falls below $100,700, the long liquidation pressure of up to $7.56 billion suggests a dense concentration of leveraged long positions below, and once it breaks through the key support, liquidity exhaustion may trigger a "long liquidation cascade," exacerbating short-term downward risks.

It is worth noting that the liquidation intensity is not an exact amount waiting to be liquidated but rather an assessment of market reaction intensity after price touches, based on the density comparison of adjacent liquidation clusters. For example, historical data shows that the liquidation intensity at the same price level (such as $100,000) can vary significantly at different points in time ($791 million to $1.012 billion), reflecting the dynamic changes in market leverage structure and position distribution. This elastic characteristic indicates that the liquidation map essentially reveals vulnerabilities in the market—when prices break through thresholds, the self-reinforcing effect of liquidity waves may far exceed the amplitude of fundamental-driven fluctuations.

The current asymmetry in long and short liquidation intensity (long liquidation intensity is several times that of shorts) may suggest that the market's defensive layout against short-term corrections is more concentrated, while also highlighting the fragility of high-priced chasing funds. Researchers need to be wary of the amplifying effect of such technical liquidations on market sentiment, especially in the absence of significant fundamental catalysts, which could lead to extreme volatility detached from value anchoring.