Bitcoin faces intense volatility risks as it approaches critical $90K and $93K levels.
Leverage clusters in Bitcoin liquidation zones could trigger rapid price fluctuations.
Rising cumulative leverage highlights vulnerability for both bullish and bearish Bitcoin traders.
Bitcoin’s current market position places it in a precarious spot, with potential for significant liquidations.
If Bitcoin drops below $90,000, mainstream centralized exchanges could see long liquidations worth approximately $540 million. Conversely, if it surpasses $93,000, short positions could be liquidated for around $1.605 billion. These key levels highlight the tension between bearish and bullish traders, emphasizing the potential for market volatility.
Liquidation Pressure Points
The Bitcoin Exchange Liquidation Map presents a detailed overview of the leverage liquidation distribution for long and short positions.
As at press time, Bitcoin’s price hovers at $91,834, showing a 0.22% increase in the last 24 hours with a trading volume of approximately $74 billion. The map reveals considerable liquidation leverage clusters near this price, signaling intense pressure from both side…
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