Current Core Liquidation Overview of the Bitcoin Market:
The focus area for short liquidations mainly lies between 95653 and 101589, with the range of 100847 to 101589 constituting the most critical liquidation zone.
On the long side, the liquidation points are located in the range of 92473 to 95017, while the interval from 92791 to 92473 has become the last line of defense for longs. In the current market liquidation situation, the price points of 96077 and 94381 exhibit a balanced power dynamic.
In terms of major forces, the Bitcoin on-chain market has shown signs of small-scale long positioning near the 95000 mark, with some orders facing obstacles around 960.
With the formation of the first triangular pattern on the daily chart, the BTC market has entered a consolidation mode, indicating that a new wave of market fluctuations is about to unfold.