#MarketRebound Bitcoin $95,000 could lead to short liquidations worth $163 million
According to the latest data from CoinGlass, Bitcoin (BTC) could trigger significant short pressure if it breaks above $95,000, with an estimated cumulative short liquidation severity across major centralized exchanges (CEX) reaching $163 million.
Conversely, a decline below $93,000 would put long positions at risk, with an anticipated $68.45 million in cumulative long liquidations, indicating a highly leveraged market with critical price thresholds on both sides.
The $95,000 breakout area holds the largest short liquidation cluster
As Bitcoin trades around $94,000 - $94,500, the $95,000 level has now become a technical and psychological turning point, with a significant number of short positions vulnerable to liquidation.
While CoinGlass's liquidation heatmap does not display contract values or exact quantities, it highlights the relative strength of liquidation clusters - effectively showing how aggressively the price interacts when reaching certain levels.