Key Takeaways:If Bitcoin (BTC) falls below $87,000, the cumulative long order liquidation intensity across major centralized exchanges (CEXs) could reach $216 million, per Coinglass data.Conversely, a BTC breakout above $91,000 could result in $190 million in short liquidations.Liquidation intensity measures relative strength of liquidations rather than exact contract values, signaling potential volatility spikes.Bitcoin's Critical Price Levels: $87K Breakdown vs. $91K BreakoutAccording to BlockBeats and Coinglass data, Bitcoin is currently sitting at a key liquidity threshold that could trigger substantial liquidations on major centralized exchanges (CEXs).๐ป If BTC drops below $87,000:$216 million in long positions face liquidation, potentially accelerating selling pressure.This could create a liquidity cascade, leading to heightened market volatility.๐บ If BTC surges past $91,000:$190 million in short positions could be wiped out, fueling a short squeeze and further upside momentum.Understanding the Liquidation ChartThe liquidation chart does not represent exact contract values but rather the relative intensity of liquidation clusters.Larger liquidation columns indicate greater price sensitivity to liquidations at that level.This suggests that BTC price movements near $87K and $91K could trigger strong liquidity waves, leading to rapid price swings.
Miyuki
