According to Coinglass data, $BITCOIN is moving toward a critical liquidation-dense zone.
If BTC breaks upward above $65,745, the total liquidation volume of short positions across major centralized exchanges will reach $303 million; conversely, if it falls below $60,369, the total liquidation volume of long positions will also hit $303 million.
There are nearly symmetrical “explosive charges” hanging on both sides of this range, meaning both long and short sides have stacked high-leverage positions within the interval. Once the price chooses a direction, cascade-style liquidations often accelerate the market into a one-sided move.
At present, the price is closer to the upper liquidation-dense zone, with a buffer of some distance from the lower positions that could be wiped out. Traders should pay particular attention to the long-versus-short battle above $65,000, and whether buy-side demand will step in around $60,000.
High leverage is a double-edged sword—just a few key price points often determine who goes down first on the long/short side.
If BTC breaks upward above $65,745, the total liquidation volume of short positions across major centralized exchanges will reach $303 million; conversely, if it falls below $60,369, the total liquidation volume of long positions will also hit $303 million.
There are nearly symmetrical “explosive charges” hanging on both sides of this range, meaning both long and short sides have stacked high-leverage positions within the interval. Once the price chooses a direction, cascade-style liquidations often accelerate the market into a one-sided move.
At present, the price is closer to the upper liquidation-dense zone, with a buffer of some distance from the lower positions that could be wiped out. Traders should pay particular attention to the long-versus-short battle above $65,000, and whether buy-side demand will step in around $60,000.
High leverage is a double-edged sword—just a few key price points often determine who goes down first on the long/short side.