$1.07 billion long positions hanging by a thread! Bitcoin falls below $88,000 will trigger a chain liquidation!
There are two key price levels in the Bitcoin market that require high vigilance: $88,000 and $92,000. Regardless of which direction the price breaks, it could trigger large-scale forced liquidations.
Specifically, if the price falls below $88,000, about $1.07 billion in long positions will face liquidation; if the price breaks above $92,000, about $1.06 billion in short positions may be forcibly liquidated.
These values do not represent the exact liquidation amounts but reflect the intensity of the market's potential impact when the price reaches these levels—the higher the value, the more severe the chain reaction may be.
Currently, the market is at a standoff between these two prices, and a break by either side could trigger rapid and violent fluctuations; short-term trends are easily influenced by these liquidation points, and post-break volatility may be amplified, so it is not advisable to blindly chase positions; if holding high-leverage contracts, it is especially important to pay attention to the risks at these two levels.
$88,000 and $92,000 have become the battleground for longs and shorts; a break will reveal the truth.
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