The recent volatility of the Bitcoin market has attracted attention! According to Coinglass data, if the price of Bitcoin breaks through $97,000, the short order liquidation intensity of mainstream crypto exchanges (CEX) will reach $811 million💰. This means that the market's expectation of price increases may cause great pressure on shorts.
On the other hand, if the price of Bitcoin falls below $94,000, the long order liquidation intensity will reach $1.054 billion📉. This shows that the downside risk of the market should not be underestimated, and investors need to respond with caution.
Regardless of the market trend, staying calm and rational analysis is the key🔍.