Bitcoin's two key price levels exposed, CEX liquidation strength may exceed $600 million

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【Blockchain Rhythm】The liquidation risk of Bitcoin on mainstream CEXs is gradually emerging. According to on-chain data, the current price trend is approaching two critical levels.

Looking upward, if BTC breaks through $94,000, the concentrated liquidations of short positions will create a strong impact, with the total liquidation strength on major exchanges reaching $465 million. The short-term defense line at this level is relatively weak; a breakout could trigger a chain reaction.

Conversely, the downward risk is also worth noting. If Bitcoin falls below $91,000 support, bulls will face a more intense wave of liquidations—total liquidation strength is expected to reach $621 million. This data clearly indicates how large the current risk exposure for longs is.

However, it is important to clarify a common misconception: the liquidation strength chart does not represent the exact number of contracts pending liquidation or the specific amount being liquidated. It actually shows the relative “importance” of each liquidation zone compared to its surroundings—in other words, the intensity. When the price reaches a certain level, the market will be impacted to a certain degree; large liquidation bars indicate a stronger liquidity wave, and the rebound or decline will be more vigorous.

BTC-0,24%
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GasFeeNightmarevip
· 20h ago
It's the same liquidation trap again... Between 9.1 and 9.4, I'm caught in the middle, with 600 million in shorts liquidated on one side and over 400 million in longs liquidated on the other. I'm just lying in the middle being crushed.
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RugpullTherapistvip
· 01-05 07:32
Oh no, it's the same liquidation data again, with longs and shorts being repeatedly liquidated. This is the daily life of crypto. If it breaks below 9.1, you really need to be careful. A liquidation wave of 600 million sounds easy to say but hard to hear. People always talk about liquidation intensity, but the key is to survive until that moment, otherwise accurate data is useless. These two positions are like a minefield; one misstep and you're out.
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DAOdreamervip
· 01-05 07:31
9.1 and 9.4 are really tight positions, feeling like they could explode at any moment --- Here we go again, the concept of liquidation intensity always surprises people, but ultimately it still depends on the trend --- The long position exposure is indeed a bit outrageous, a $600 million liquidation wave is no joke --- Why do I always feel like these data releases are signals to smash the market? Wouldn't it be more stable to operate in the opposite way? --- Breaking 9.4 is really a watershed; it all depends on how the whales want to play it --- Forget it, these many risk levels are just reminders for me not to leverage, just hold the spot assets --- Wait, liquidation intensity ≠ actual liquidation amount, I need to understand this clearly, don’t get scared and confused --- Both price levels are death crosses, is this a double-sided squeeze? --- Luckily, I closed my position, or I’d be holding my breath right now --- Damn, this data is pretty intense, no wonder the recent volatility has been so high
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LoneValidatorvip
· 01-05 07:23
If it breaks below 91,000, it's really over. The risk for the bulls in this wave is too high.
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GasFeeTherapistvip
· 01-05 07:22
Prices at 9.1 and 9.4 are really unsustainable, with liquidation strength over 600 million... Long positions are indeed in a precarious situation.
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SchroedingerMinervip
· 01-05 07:13
Once it drops below 91,000, it's over. The bulls should wake up.
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