💥If Bitcoin falls below $93,000, it may trigger a massacre! A wave of liquidations is imminent😱

The cost basis for short-term holders (STH) of Bitcoin is currently as high as $93,460, making it a key point of market sentiment⚠️. If it falls below this level, panic selling may erupt!📉

Historical data shows that prices below the STH level often lead to sharp declines. During the 2022 bear market, BTC repeatedly fell below the STH cost, resulting in a chain reaction of liquidations: dropping to $30,000 in May, $25,000 in June, and even lower to $19,000 in September, all due to the high STH cost!

Open interest (OI) should not be overlooked. Currently, OI stands at $64.82 billion, comparable to when BTC was near $100,000, indicating an overheated market🔥. Once it breaks through the support level, it could trigger a series of liquidations, and the market may collapse instantly💣!

Stay vigilant📊, pay attention to key support levels, as the storm may already be brewing…💀