Recent fluctuations in the Bitcoin market have drawn attention! According to Coinglass data, if the Bitcoin price breaks through $98,000, mainstream cryptocurrency exchanges (CEX) will face short liquidation pressure of up to $213 million 📈. This means that bears in the market may have to endure significant losses.

On the other hand, if the Bitcoin price falls below $94,000, the intensity of long liquidations could reach $207 million 📉. This is undoubtedly a test for bulls.

Regardless of how the market fluctuates, investors need to remain calm, analyze data rationally, and manage risks effectively. 🔍