BREAKING
239d 18h ago

Bitcoin Short Liquidation Intensity Could Surge to $1.39 Billion if Price Drops Below $103,000

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, the Bitcoin short liquidation intensity on major centralized exchanges (CEXs) is poised for significant movement around critical price thresholds. Should Bitcoin exceed the $107,000 mark, the aggregate short liquidation intensity could escalate to approximately $909 million. Conversely, a decline below $103,000 may trigger a more substantial liquidation event, with cumulative short liquidations potentially reaching $1.391 billion. It is important to note that the liquidation chart visualizes the relative magnitude of liquidation clusters rather than exact contract counts or precise liquidation values. These clusters highlight zones where liquidity waves are expected to intensify market reactions. Traders and investors should monitor these key price levels closely, as heightened liquidation activity can lead to increased volatility and impact overall market dynamics.

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