Bitcoin Liquidation Triggers: $109K & $119.5K Spark $1.4B–$2.1B
Coinglass data first show BTC liquidation level dem for $108,279 and $118,809, wey fit cause up to $2.075 billion for long liquidations and $1.662 billion for short squeezes for big centralized exchanges. Later update change these level to $109,022 and $119,524, with possibility of $1.389 billion long liquidation and $1.352 billion short liquidation. This kind big liquidation fit sharp increase market volatility. Traders suppose dey monitor these BTC price level well, adjust leverage, put stop-loss order for CEX, and improve entry and exit strategy to manage risk and prepare for sudden price changes.
Neutral
Di news dey talk about big BTC long-liquidation and short-squeeze levels wey fit trigger forced orders wey value $1.4–2.1 billion. If price fall below $109K, e fit bring bearish pressure through long-liquidations, but if e climb pass $119.5K, e fit make bullish short squeeze happen. These opposite forces mean say volatility go high rather than clear direction, so overall effect na neutral.