BREAKING
228d 19h ago

Bitcoin Liquidation Intensity Could Surge to $649M Below $105K and $401M Above $109K, Coinglass Data Reveals

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

According to recent data from Coinglass, Bitcoin’s price movements near critical thresholds are poised to trigger significant liquidation events on major centralized exchanges (CEX). Should Bitcoin decline below the $105,000 mark, the aggregate long liquidation intensity is projected to escalate to approximately $649 million. Conversely, a surge beyond $109,000 could activate short liquidation intensity totaling around $401 million. It is important to note that these figures represent the relative intensity of liquidation clusters rather than exact contract counts or liquidation values. The liquidation chart serves as a barometer for market sensitivity, illustrating how price levels may provoke liquidity cascades. A pronounced liquidation bar signals a heightened market reaction, potentially amplifying volatility as traders’ positions are forcibly closed. This nuanced insight into liquidation dynamics provides investors with a clearer understanding of potential market stress points within the crypto ecosystem.

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