๐จ Market Alert | #Bitcoin Liquidation Watch
As BTC trades around $114,673, weโre nearing a major liquidation threshold: Over $18B in short positions are at risk if Bitcoin surges to $125K.
๐ According to @Cointelegraph and @CoinGlassData, a large wave of short liquidations is stacked between $118Kโ$125K, particularly across major exchanges like #Binance, OKX, and Bybit.
๐ What this means:
The cumulative short liquidation leverage (green line) is rising sharply, signaling increased pressure on over-leveraged short sellers.
A potential short squeeze could amplify upward momentum if BTC continues its climb.
Key resistance zone: $119Kโ$125K. If breached, expect volatility to spike.
๐ฅ Binance Traders โ stay alert. Risk management is critical in highly-leveraged environments. Keep an eye on liquidation clusters, adjust leverage, and manage stop-loss levels accordingly.
๐ก Pro Tip: Market liquidity and volume spikes around liquidation zones often precede significant price movements. Watch the charts, not the noise.