#MarketRebound BTC at Crossroads: Short Squeeze or Pullback?

Bitcoin (BTC) is approaching a key decision point, with $95,000 acting as a major breakout level. If breached, it could trigger a significant short squeeze, with up to $163 million in short liquidations across major exchanges. In contrast, a drop below $93,000 may lead to $68.45 million in long liquidations, showing how leveraged and volatile the market currently is.

$95K: Key Resistance, Short Squeeze Zone

BTC trades near $94K–$94.5K, with $95K becoming a critical resistance. It holds the largest cluster of short liquidations, meaning a breakout could spark aggressive buying. Coinglass notes that stronger liquidation clusters indicate more intense price reactions.

$93K: Vital Support, Longs Exposed

On the downside, $93K serves as a key support. Falling below this could trigger a wave of long liquidations, deepening the correction. The market’s high leverage adds to this risk, with stop-losses stacked near both $93K and $95K.

Market Poised for Volatility

Traders are closely watching both levels. A break above $95K may quickly send BTC toward $98K–$100K, while a drop below $93K risks a sharp pullback.