Bitcoin market volatility attracts attention! According to Coinglass data, if the Bitcoin price breaks through $97,000, short positions on mainstream crypto exchanges (CEX) will face liquidation pressure of up to $725 million📈. This means that market bears may need to reassess their strategies.
On the other hand, if the Bitcoin price falls below $94,000, the liquidation pressure on long positions will reach $514 million📉. This is also a significant challenge for the bulls.
Regardless of the market direction, investors need to stay calm and make cautious decisions.💡