#MarketRebound
(BTC) to a large short squeeze if it breaks above $95,000, with an estimated cumulative short liquidation severity across major centralized exchanges (CEX) reaching $163 million.
Conversely, a pullback below $93,000 would put long positions at risk, with an expected $68.45 million in cumulative long liquidations, indicating a highly leveraged market with critical price thresholds on both sides.
The $95,000 breakout area retains the largest short liquidation pool
While Bitcoin is trading around $94,000 - $94,500,