ChainCatcher message display, based on Coinglass data, Bitcoin price fluctuations may trigger strong market reactions. If the Bitcoin price breaks through $94,000, the short liquidation intensity on mainstream centralized exchanges (CEX) is expected to reach $772 million. This means that market expectations for rising prices may lead to forced liquidations of short positions, thereby exacerbating price volatility.
Conversely, if the Bitcoin price falls below $91,000, the market will face pressure from long liquidations, with cumulative liquidation intensity potentially reaching $625 million. This indicates that a price drop may trigger forced liquidations of long positions, further impacting market trends. Investors need to closely monitor price changes and their potential impact on the market.