Data: If BTC breaks through $97,399, the total liquidation strength of mainstream CEX short positions will reach $1.922 billion.

Bitcoin Price Predictions Flip Bullish, But Ethereum Is Still Stuck

Predictors have turned bullish on Bitcoin's near-term price, suggesting a rise to $84,000 before a potential drop. However, analysts remain divided on sustainability, while sentiment for Ethereum is bearish, with expectations of a decline to $1,500.

Data: In the past 24 hours, the entire network has liquidated $339 million, with long positions liquidated at $182 million and short positions at $157 million.

ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $339 million, with long positions liquidated at $182 million and short positions at $157 million. Among these, Bitcoin long positions were liquidated at $67.776 million, Bitcoin short positions at $69.678 million, Ethereum long positions at $38.385 million, and Ethereum short positions at $50.239 million.

BTC 15-minute sharp decline of 0.90%: liquidity gap area and macro risk aversion resonate, triggering short-term selling pressure

On March 5, 2026, from 16:00 to 16:15 (UTC), Bitcoin (BTC) experienced a -0.90% return within a short time window, with the price ranging from 70,800.8 to 71,653.9 USDT, and an amplitude of 1.19%. This anomaly occurred amid heightened market attention, with volatility significantly increasing, investor sentiment turning cautious, and trading volume and on-chain activity remaining high, intensifying short-term trading pressure. The main driver of this anomaly is that BTC is in a "gap zone" — meaning liquidity above 72,000 USDT is extremely thin, with only about 1% of circulation.

BTC drops below 71,000 USDT

Gate News bot message, Gate market display, BTC drops below 71,000 USDT, current price 70,955.9 USDT.