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Bitcoin key price levels revealed: These two positions will trigger over 700 million in liquidation waves
【BlockBeats】Recently, there is a data point worth noting—the liquidation pressure points for Bitcoin.
According to the data, if Bitcoin surges to the $97,000 level, the cumulative short liquidation intensity on mainstream exchanges will reach 645 million. Conversely, if it drops below $93,000, the long liquidation intensity will spike to 752 million.
Here, it is necessary to explain what liquidation intensity means. Many people tend to misunderstand it, thinking that the liquidation chart shows the exact number of contracts or the specific value being liquidated, but that’s not the case. The liquidation bars reflect the importance of each liquidation cluster relative to neighboring clusters. In simple terms, it’s about intensity.
In other words, the liquidation chart tells us: when the price reaches a certain level, how much impact the market will experience. The taller the bar, the more likely the price is to experience significant volatility driven by liquidity waves once it hits that level. For traders, this is a signal that risk and opportunities may concentrate at these points.