#美联储联邦公开市场委员会决议 According to the latest data in the blockchain, let's take a look at the distribution of liquidation pressure in the market recently.

Coinglass monitoring showed an interesting phenomenon — the price of $BTC around key levels has concentrated a large number of margin positions. If the price rises above and Bitcoin breaks the psychological level of $93,673, short positions on major centralized exchanges (CEX) will experience massive liquidations, the total amount of which could reach $12.99 billion. This is quite a significant figure.

On the other hand, if BTC drops below the support at $84,838, then long positions will be affected — simultaneously, a wave of liquidations of long positions amounting to about $8.47 billion will occur.

What does this mean? Both scenarios contain clear "liquidation traps." Major cryptocurrencies, such as $ETH , $BNB , $ZEC , also follow the rhythm of BTC, and their derivatives market with margin lending is also under pressure.

Recent uncertainty in the Federal Reserve's policy exacerbates this volatility. At this time, it is important to monitor breakthroughs or breaks of these key levels to better understand the short-term direction of the market.