Bitcoin market volatility is back! According to the latest data analysis from Coinglass, if the Bitcoin price drops below $92,000, mainstream cryptocurrency exchanges (CEX) will face a long position liquidation intensity of up to $321 million. This means that a large number of long positions may be liquidated in the market, and investors need to closely monitor price trends.
On the other hand, if the Bitcoin price breaks above $97,000, the short position liquidation intensity will rise to $353 million. This indicates that short investors may face greater risks, and market sentiment may fluctuate accordingly. Investors should operate cautiously in this range and closely monitor market dynamics.