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Analysis of liquidation intensity at key Bitcoin price levels: liquidity traps at $92,000 and $95,000
【Crypto World】Recently, Bitcoin’s price fluctuations have been affecting the entire futures market. According to data monitoring from Coinglass, we can see several key price levels:
If Bitcoin drops below the $92,000 support, the liquidation scale of long positions on mainstream CEXs will instantly expand to $1.135 billion. Conversely, once it breaks through the $95,000 resistance level, the liquidation strength of short positions will reach $678 million. Behind these two figures, it actually reflects the density of leverage positioning among market participants.
Here, it is necessary to clarify the meaning of the liquidation chart — it does not precisely count how many contracts are pending liquidation, nor does it represent the absolute value of liquidations. The bar chart on the liquidation chart actually shows relative intensity. In other words, it tells you: when the price reaches a certain level, how much impact the market will experience.
What does a taller bar mean? It indicates that when the price reaches that point, due to concentrated leveraged positions, liquidity will generate more intense waves. Large-scale liquidations will amplify volatility and may trigger chain reactions. This is very important for short-term traders and risk management — understanding liquidation distribution allows for better prediction of potential resistance and support levels.