🔴 Pancake's liquidation situation:

📉 Short liquidation points (above):

When bulls push prices up, shorts are liquidated.

108300 - 108980 - 109650 - 110320 - 110990 - 112000 areas begin to weaken.

→ Last short liquidation range: 110320 - 110990 (high trading volume, significant liquidation intensity)

📈 Long liquidation points (below):

When shorts push prices down, longs are liquidated.

106280 - 105600 - 104940 - 104270 - 103600 - 102940 - 102260

→ Last long liquidation range: 102940 - 102260 (large concentration of liquidations)

Current price reference:

Current BTC price: 108119

In the early stage of the short liquidation range, if it breaks above 110000+, short liquidations will rapidly expand.

If it reverses and breaks below 106000, the lower long liquidation range will also be triggered one after another.