As of late December 2024, the Bitcoin market is entering a phase of high-stakes volatility, with data from Coin glass and Binance indicating that the current price range is a "fulcrum point" for massive liquidations. Recent market analysis shows that if Bitcoin climbs above $89,000, it could trigger a short squeeze with roughly $399 million in short liquidations on major exchanges. Conversely, a drop below the $86,000 level could be more severe, potentially wiping out over $556 million in long positions as automated sell-offs create a downward feedback loop. This "liquidity hunting" phase follows a post-Christmas slump where $70 million was already liquidated in a single session, leaving the market highly sensitive to even minor price swings as it heads into the 2025 new year.

Current Liquidation Targets (Dec 2024)

| Target Price | Liquidation Type | Estimated Intensity |

|---|---|---|

| $89,000+ | Short Liquidations | $399 Million (Short Squeeze potential) |

| $86,000 - $85,000 | Long Liquidations | $556+ Million (Cascading sell-off risk) |

| $90,600 | Resistance | High-intensity "Heat Zone" |

> Market Note: Analysts observe that "mechanical" selling by long-term holders near the $100,000 psychological level has created a supply ceiling, while elevated open interest in perpetual futures makes the current $87,000 pivot point particularly fragile. #BTC☀️ $BTC