ChainCatcher Message Display, based on Coinglass data, Bitcoin price fluctuations may trigger large-scale liquidations in the market. First, if the Bitcoin price breaks through $98,000, the liquidation intensity of short positions on mainstream CEX platforms is expected to reach $213 million. This means that market bears may face significant risks.
On the other hand, if the Bitcoin price falls below $94,000, the liquidation intensity of long positions in the market will reach $207 million, which poses a potential challenge for bulls. In the current market environment, investors need to closely monitor price movements to adjust their strategies in a timely manner.