Leverage Tension Rising in Bitcoin! |
Bitcoin reached a new ATH level of $123,218 today. However, the market is still locked in two critical liquidation zones:
đ» There is currently $14.19B in open long positions at the $107,073 level. If the price drops to this level, massive long liquidations could be triggered.
đș Above that, there is a total of $3.42B in short positions waiting at the $135,321 level. If BTC approaches this level, a short squeeze effect could lead to a rapid upward surge.
These zones are potential breakout points for both bulls and bears.
This data is not investment advice; it is intended for monitoring market structure.
