Bitcoin Liquidation Intensity Set to Surge Over $1 Billion if Price Drops Below $108,000

According to recent data from Coinglass, a significant threshold looms for Bitcoin’s price action on major centralized exchanges (CEXs). Should Bitcoin decline below the $108,000 mark, the aggregate long liquidation pressure is projected to escalate to approximately $1.143 billion. Conversely, a breakout above $111,000 could trigger a substantial short liquidation event totaling around $924 million. It is important to note that liquidation charts do not provide exact contract counts or liquidation values but instead illustrate the relative intensity of liquidation clusters. These clusters highlight the potential market impact when Bitcoin’s price approaches critical levels, with taller bars indicating heightened liquidity waves and stronger market reactions. Traders and investors should closely monitor these liquidation zones as they represent pivotal points where market dynamics could shift significantly, influencing liquidity and volatility across the crypto ecosystem.