Bitcoin (BTC) is currently in a critical price range. Market analysis shows that if the BTC price can break through the key resistance level of $118,136, the cumulative short order liquidation scale on major Centralized Exchanges (CEX) could reach an astonishing $2.201 billion. Conversely, if the BTC price falls below $107,606, the cumulative long order liquidation scale will reach as high as $1.573 billion.



Currently, the price of Bitcoin hovers around $113,000, situated between these two key price levels. In this scenario, market participants, especially large capital operators, face an interesting strategic choice. They may weigh whether to push the price to break above the resistance level to trigger large-scale short order liquidations, or to lower the price to provoke long order liquidations.

This situation not only reflects the high volatility of the current cryptocurrency market but also highlights the significant impact of leveraged trading in the market. Investors and traders need to closely monitor these key price levels, as any breakout in either direction could trigger severe market reactions and a chain reaction.

In this uncertain environment, market participants should remain vigilant, manage risks cautiously, and keep a close eye on market trends. Whether retail investors or institutional players, they need to develop appropriate strategies to cope with potential significant fluctuations.
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CrossChainBreathervip
· 08-06 02:02
The old rule: let's see who jumps the fastest?
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SnapshotDayLaborervip
· 08-05 06:58
Getting Liquidated at any time is exciting.
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screenshot_gainsvip
· 08-04 06:46
Those who play with leverage are suckers!
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DegenApeSurfervip
· 08-03 13:14
Pro Cryptocurrency Trading small investors retreat
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WenMoon42vip
· 08-03 02:45
enter a position enter a position This wave will definitely get liquidated
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LowCapGemHuntervip
· 08-03 02:43
Retail investors are tied up again, right?
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SmartMoneyWalletvip
· 08-03 02:30
Whales have been waiting for this wave of liquidation. Just look at my on-chain data analysis to know.
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WhaleMistakervip
· 08-03 02:26
Let's play a large orders hedging!
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