Bitcoin Price Moves: Potential $540 Million Long Liquidation Below $90,000 and $361 Million Short Liquidation Above $95,000

According to recent data from Coinglass, the cryptocurrency market faces pivotal pressure points for Bitcoin. Should Bitcoin’s price dip below $90,000, the total long positions liquidated across major centralized exchanges (CEXs) could escalate to approximately $540 million. Conversely, a rally pushing Bitcoin above $95,000 may trigger a short liquidation surge, potentially impacting CEXs with an intensity of around $361 million. It is essential to note that the liquidation chart illustrates the significance of each liquidation cluster in relation to others rather than providing specific contract volumes. The intensification displayed on the chart indicates how pronounced the market reaction may be at these levels, where larger liquidation bars signify a stronger expected market response due to potential liquidity cascades.