Bitcoin at Critical Thresholds: $104K Triggers $371M CEX Short Liquidations and $101K Triggers $552M CEX Long Liquidations

COINOTAG News, citing Coinglass data, notes that a move above $104,000 for Bitcoin could unleash a surge in short liquidations on leading CEXs, with the tally approaching $371 million. The statement frames market risk around notable price thresholds.

On the downside, a dip below $101,000 may intensify long liquidations on mainstream exchanges, potentially reaching roughly $552 million. Traders should monitor these thresholds as indicators of shifting liquidity pressure and downside volatility in the crypto market.

COINOTAG clarifies that the liquidation chart conveys relative cluster significance, not precise contract counts. Higher liquidity bars imply stronger price reactions when price meets targeted levels, underscoring the importance of liquidity-aware risk assessment for traders.