*The potential for short liquidation is much greater than long at this time (approximately 3 billion vs 200 million USD).
This means there is significant upward pressure - if the price rises, many shorts could be forced out and trigger a short squeeze.
1. The largest short liquidation zone according to the chart 96,800-97,000 USD
Whales will almost certainly touch or surpass this to trigger large liquidations.
2. Continued levels (if there is a continued short squeeze):
98,000-98,500 USD
After the main zone is surpassed, the price could be pushed upwards to "burn" remaining shorts and trap long FOMO.
Typically, this is a saturation point before a rapid reversal (dump).
3. Extreme levels (unlikely but not impossible):
100,000 USD (strong psychological number)