ChainCatcher message, the latest data provided by the blockchain data platform Coinglass shows that Bitcoin price fluctuations could trigger large-scale liquidations in the market. If the Bitcoin price breaks through 100,000 USD, the liquidation intensity of short positions on mainstream centralized exchanges (CEX) is expected to reach 1.381 billion USD. This means that market bears may face significant risk exposure.

On the other hand, if the Bitcoin price falls below 97,000 USD, the liquidation intensity of long positions on mainstream CEX will reach 1.028 billion USD. This indicates that market bulls may encounter significant financial pressure at this price point. Market participants need to closely monitor price movements in order to adjust their strategies in a timely manner.