According to ChainCatcher, data from Coinglass shows that if BTC falls below $65,181, the total liquidation intensity of long positions on major CEXs will reach $1.8 billion. Conversely, if BTC breaks above $71,931, the total liquidation intensity of short positions on major CEXs will reach $869 million.
BTC below $65,181 could trigger $1.8 billion in long liquidations on major centralized exchanges.
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Summary
Long-term Bitcoin investing is facing a key support level at $65,181, where Coinglass data indicates $1.8 billion in long liquidations could be triggered on major centralized exchanges. On-chain trading signals suggest that if BTC breaks above $71,931, approximately $869 million in short liquidations may follow. Traders are closely monitoring these levels for potential market shifts.
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