Bitcoin at a critical level: $121,214 against $110,654
Bitcoin (BTC) is currently fluctuating near a key zone, with analysts warning that a breakout above $121,214 or a drop below $110,654 could trigger mass liquidations in the futures markets. Open interest remains high, and funding rates indicate aggressive positions on both sides. A decisive move in either direction could trigger cascading stop-loss orders and liquidations worth billions, potentially amplifying short-term volatility.
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