Bitcoin markets face potentially significant liquidation pressure concentrated around specific price levels, posing risks for leveraged traders.
Analysis indicates the cryptocurrency crossing the $110,000 threshold could trigger substantial short liquidations. This calculated risk zone involves approximately $156 million worth of leveraged short positions potentially being forcibly closed.
Conversely, Bitcoin falling beneath the $107,000 support level presents a critical liquidation threat for leveraged long positions. Approximately $97.07 million worth of leveraged longs could face forced closure if this lower threshold is breached.
Market observers note that heightened liquidation levels at these distinct price points signify stronger potential liquidity waves. This concentration of liquidation pressures intensifies risks associated with abrupt price movements toward these levels, increasing the likelihood of significant short-term market volatility.
The detailed liquidation risk assessment is based on credible leveraged position data compiled by Coinglass.