Bitcoin at a Crossroads: Liquidation Intensity Surges Above $93,000 and $97,000 Thresholds

According to data from Coinglass, as reported by COINOTAG News on November 25th, a critical threshold for Bitcoin has been identified. Should Bitcoin decline past the $93,000 mark, the cumulative long liquidations on mainstream centralized exchanges (CEX) could escalate to approximately $341 million. Conversely, a breakthrough above $97,000 may trigger a significant short liquidation intensity on these platforms, estimated at $308 million. It is important to note that the liquidation charts do not provide exact contract values but rather illustrate the relative significance of liquidation clusters. These visual representations highlight how price movements impact market liquidity—larger liquidation bars signify heightened market reactions at specific price levels due to intensified liquidity fluctuations. Understanding these dynamics is essential for traders navigating the volatile cryptocurrency landscape.