BREAKING
110d 5h ago

Bitcoin Could Trigger $1.696B in Short Liquidations at $110K and $1.3B in Long Liquidations if It Falls to $106K, Coinglass Data Show

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

Market participants are watching key price nodes in Bitcoin liquidity dynamics. According to Coinglass data cited by COINOTAG, a break above $110,000 could push the total short liquidation intensity across mainstream CEXs to around $1.696 billion, signaling rising selling pressure at the threshold.

Conversely, a move below $106,000 could trigger approximately $1.3 billion in long liquidations. The COINOTAG note adds that the liquidation chart does not disclose exact contract counts or contract values; bars indicate the relative intensity of each cluster, not a precise tally.

For risk managers, approaching such thresholds warrants disciplined exposure management and hedging tactics to mitigate abrupt drawdowns, as liquidity cascades can amplify directional moves.

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