Bitcoin price risk signals from Coinglass data indicate that a breach below $88,000 could trigger a cumulative long liquidation near $606 million across mainstream CEXs. Conversely, a move above $91,000 might unleash roughly $611 million in short liquidations, highlighting potential volatility at these pivotal levels.
COINOTAG clarifies that the liquidation chart does not disclose exact contract counts or the precise value liquidated. The chart’s vertical bars measure relative intensity among clusters, signaling how proximity to certain price levels could amplify liquidity-driven reactions without presenting hard totals.
Traders should monitor these price levels as signals of potential market stress. A higher liquidity cascade intensity implies a more pronounced move across major venues if thresholds are reached, informing risk controls and positioning decisions.
Source: https://en.coinotag.com/breakingnews/bitcoin-price-alert-a-dip-below-88k-could-trigger-606m-in-cex-long-liquidations-while-a-rally-above-91k-may-spark-611m-in-cex-short-liquidations
