Bitcoin Price Movement May Trigger Massive Liquidations

According to the latest data from Coinglass, if Bitcoin drops below the key support level of $90,656, centralized exchanges (CEXs) could see liquidations totaling $1.273 billion in long positions.

This figure highlights the vulnerability of leveraged long positions in the current market, with further downside potentially triggering cascading liquidations and increased volatility.

Resistance Break Could Lead to Short Squeezes

Conversely, if BTC breaks through the $99,483 resistance level, around $1.202 billion in short positions on major CEXs could face liquidation risks.

  • Drop below $90,656: $1.273B in long liquidations
  • Break above $99,483: $1.202B in short liquidations

This two-way liquidation risk demonstrates the market's heightened sensitivity, with investors advised to closely monitor price action and position management.