Bitcoin Liquidation Intensity Fit Reach $736M Pass $116K
Coinglass data show say Bitcoin short liquidation intensity for centralized exchanges fit reach $736 million if BTC pass $116,000 level. On the other hand, liquidation intensity for long positions fit hit $570 million if price drop under $113,000. These levels dey show zones where forced closures plenty fit make price waka up and down well well. Traders fit use liquidation intensity charts wey show relative liquidity waves instead of exact contract numbers to predict quick market moves and make risk management strong. Watching the $116,000 and $113,000 levels help traders put better stop-loss and timing when to enter or exit so say forced liquidations no tey too much during market wahala.
Neutral
Dis report dey give data-based insight on how Bitcoin liquidation strong for key price levels but e no dey predict price direction by itself. If e pass $116,000 fit cause short liquidation worth $736 million—wey fit ginger bullish spike—and if e drop below $113,000, e fit liquidate $570 million in long—wey dey show say bearish pressure dey—but dis report mainly dey help traders get volatility forecast, no be direction signal. For history, big liquidation waves around important thresholds (like $20,000 and $30,000 marks for 2020-21) don cause quick moves before market steady. Short term, knowing these liquidation zones fit help traders prepare for big market swings. Long term, understanding clustered forced closures for key levels fit make risk management better but no confirm say market go lean to bull or bear bias.