| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107248.0200000000 |
| ETH | $2429.5620000000 |
| BNB | $649.0397900000 |
| XRP | $2.1846920000 |
| ADA | $0.5612744000 |
| SOL | $149.8051000000 |
| DOGE | $N/A |
| DOT | $3.3867000000 |
| LTC | $86.3673000000 |
| LINK | $13.2916500000 |
Category: CRYPTO NEWS
The post Bitcoin’s Critical Price Points: The Impact of $106K and $110K on Liquidation Strength appeared on BitcoinEthereumNews.com. In a recent update from COINOTAG, data from Coinglass highlights significant thresholds for Bitcoin as it navigates the volatile crypto market. Should Bitcoin dip below $106,000, the total long liquidation across major centralized exchanges (CEXs) is projected to reach a substantial $434 million. Conversely, a breakout above $110,000 could trigger a short liquidation surge, estimated at $361 million. It’s crucial to note that the liquidation chart does not specify exact contract numbers or their respective values; rather, it illustrates the relative strength of liquidation clusters. This means that specific price levels can incite stronger market reactions due to potential liquidity cascades. Higher liquidation bar figures suggest a more pronounced market response when Bitcoin approaches these key levels, emphasizing the importance of monitoring these fluctuations in investor sentiment and market dynamics. Source: https://en.coinotag.com/breakingnews/bitcoins-critical-price-points-the-impact-of-106k-and-110k-on-liquidation-strength/
2025-05-27T03:44:29+00:00