Recently, the volatility of the cryptocurrency market has attracted significant attention from investors. According to the latest market data analysis, the price trend of Bit may have a significant impact on both long and short positions.

If the price of Bitcoin falls below $116,000, long positions on major centralized exchanges (CEX) may face liquidation risks of up to $677 million. Conversely, if Bitcoin breaks through the $120,000 barrier, short positions may encounter liquidation pressure of about $259 million.

It is worth noting that this clearing data does not represent the exact number or value of contracts pending clearance. In fact, the clearing chart illustrates the potential impact of different price ranges on the market. The height of the bars in the chart reflects the intensity of market reaction that may be triggered when a certain price point is reached. The higher the bar, the more likely it is that this price point will trigger more drastic changes in liquidity.

This clearing analysis method provides investors with a perspective to gain insights into potential market risks and opportunities. It reveals the chain reactions that certain key price points may trigger, helping market participants better understand and predict the impacts that price fluctuations may bring.

As the cryptocurrency market continues to evolve, this in-depth market dynamic analysis will become an increasingly important reference factor in investment decisions. Investors should closely monitor this data while also considering other market indicators to develop more comprehensive and prudent trading strategies.