$BTC
*Potential Long Liquidation (green line):
Significant accumulation of long liquidation is observed in the lower price area, especially below the current price (93155). If we look at the scale on the right side, the potential long liquidation that has not yet occurred could reach around 1.6B to 2.4B (billion) in the price area below 90000.
*Potential Short Liquidation (red line): Accumulation of short liquidation appears more significant in the upper price area, above the current price. If we look at the scale on the left side, the potential short liquidation that has not yet occurred could reach around 100M to 150M (million) in the price area above 95000.
Direction of BTC Liquidation at the price of $93155:
Long liquidation : $1.6 Billion - $2.4 Billion
Short liquidation : $100 Million - $150 Million
Conclusion:
Based on this latest chart data, the potential for long liquidation is much greater compared to the potential for short liquidation. The difference in magnitude is very significant, where the potential for long liquidation could reach billions of dollars, while the potential for short liquidation is in the range of hundreds of millions of dollars.
This indicates that a downward price movement could potentially trigger large-scale long liquidations, while upward price movements are likely to liquidate short positions in relatively much smaller amounts.
It is important to remember that this is an estimate based on chart visualization and the exact liquidation levels may vary. This chart also continues to change over time and with price movements.