Be cautious of these two price levels for Bitcoin! An overview of liquidation risks on mainstream exchanges

【BlockBeats】According to liquidation data monitoring, Bitcoin’s price faces two key liquidation pressure zones.

Downside risk: If BTC drops below $93,000, the accumulated liquidation strength of mainstream CEX long positions will reach approximately 1.218 billion. This means that once the price breaks through this level, it will trigger a chain reaction—liquidations of previous long positions will further cause sell-offs, creating strong selling pressure.

Upside resistance: Conversely, if Bitcoin can break through $97,000, the liquidation pressure on shorts will be about 548 million. Above this level, stop-losses for short sellers will be concentrated and triggered.

How to understand the liquidation chart? Simply put, the varying heights of the bars on the liquidation chart do not reflect precise contract quantities or exact liquidation values, but rather “relative strength.” In data terms, it’s called the importance index. In simple terms: the taller the bar, the more intense the market reaction when the price reaches that level, because a large number of positions will be triggered simultaneously, causing waves of liquidity shocks.

Therefore, the core logic for traders reading the liquidation chart is: once the target price approaches these “high bars,” they should be prepared for the market to accelerate. Whether moving up or down, these accumulation zones of liquidations are areas prone to intense volatility.