BREAKING
62d 0h ago

Bitcoin at Key Levels: $94K Breakout May Spark $455M in Short Liquidations on Major CEXs; $91K Drop Could Trigger $811M in Long Liquidations

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Bitcoin price dynamics remain a focal point as Coinglass data, reported by COINOTAG on December 10, indicate that a price breakthrough beyond $94,000 could unleash approximately $455 million of short liquidations across top centralized venues.

Conversely, a dip below $91,000 might trigger roughly $811 million in long liquidations, highlighting the asymmetric risk posed by leveraged positions in the spot-to-derivatives ecosystem.

COINOTAG notes that the liquidation chart reflects intensity rather than exact counts; the height of each bar signals how strongly approaching a given level could provoke a liquidity cascade, not the precise number of contracts awaiting liquidation.

Traders and risk managers should monitor these price anchors as potential volatility catalysts and incorporate the signal into liquidity risk assessments and scenario planning for CEX exposure.

Share News:
Don't Miss Breaking News