According to the latest market data, Bitcoin (BTC) and Ethereum (ETH) are currently near critical liquidation points. Once the price breaks above or below specific thresholds, it may trigger large-scale contract liquidations, significantly impacting the short-term market trend.

Data shows that if Bitcoin falls below $115,559, long positions on mainstream centralized exchanges (CEX) may face forced liquidation of $4.036 billion*, which could put further pressure on the price. Conversely, if Bitcoin successfully breaks through $127,559, short positions will face liquidation pressure of $3.231 billion, potentially accelerating the price upward.

Ethereum is also in a sensitive range; if the price falls below $4,523, the scale of long liquidations could reach $4.157 billion, while if it can break through $4,982, the amount of short liquidations is expected to reach $3.016 billion. Due to the high open interest in Ethereum contracts, its liquidation risk cannot be ignored in relation to the Bitcoin market.

With current market volatility increasing, traders need to closely monitor these key price levels to guard against extreme market fluctuations. Large-scale liquidations may trigger a chain reaction, causing prices to fluctuate sharply in a short period. Investors should reasonably control leverage to avoid losses due to severe market turbulence. $BTC $ETH