Two key price levels of Bitcoin worth paying attention to. If it breaks through the resistance level of $91,583, the liquidation pressure on mainstream exchanges' short positions will further increase, and the total liquidation amount could reach around $751 million. Conversely, if it falls below the support line of $83,939, the risk of long liquidation is also severe, and the liquidation intensity could also reach about $751 million. The large liquidation amounts in both extreme directions indicate that there are indeed many high-leverage positions in the current market, and any breakout in either direction could trigger a chain of liquidations.
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NeverVoteOnDAO
· 9h ago
Haha, this time both sides are especially dangerous, feeling like playing with fire.
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PriceOracleFairy
· 9h ago
Yo, a liquidation volume of 751 million in two directions... This is what they call symmetrical aesthetics, right? The market is playing a math game with us.
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SerNgmi
· 9h ago
Damn, this leverage ratio is outrageous. Both sides have a liquidation volume of 751 million, any break of support could be a disaster.
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CompoundPersonality
· 9h ago
Oh no, this leverage position is really quite tight
Feels like a single poke could trigger a liquidation, with both sides at risk of being liquidated
We need to be careful with this move, don't get knocked out
A liquidation volume of 751 million is pretty intense
The gamblers' chips are piled up way too high
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BetterLuckyThanSmart
· 9h ago
$751 million? The tension is pretty thick, both sides are traps.
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OldLeekNewSickle
· 9h ago
7.51 billion dollars in liquidation volume, this distribution of chips is indeed fierce, both sides are deadlocked.
Two key price levels of Bitcoin worth paying attention to. If it breaks through the resistance level of $91,583, the liquidation pressure on mainstream exchanges' short positions will further increase, and the total liquidation amount could reach around $751 million. Conversely, if it falls below the support line of $83,939, the risk of long liquidation is also severe, and the liquidation intensity could also reach about $751 million. The large liquidation amounts in both extreme directions indicate that there are indeed many high-leverage positions in the current market, and any breakout in either direction could trigger a chain of liquidations.