The market situation at the moment has highlighted some important liquidation levels for Bitcoin. If Bitcoin goes above $67,000, it could trigger the liquidation of about $1.36 billion of short positions, a significant high. Conversely, a liquidation of about $2.08 billion is possible for long positions if the price falls below $62,000, which could see more volatility in the market.

These liquidation levels indicate that sharp movements are likely when prices approach these points, as traders take steps to close out their positions or avoid further losses.

If the price breaks above $67,000, the market may be in a more bullish (bullish) trend, while if it breaks below $62,000, further downward pressure may develop.

You can set stop loss based on your positions keeping these levels in mind to avoid unexpected movements.