🔥🔥 The Bitcoin bull-bear showdown escalates! Key price level locks in over 1 billion in liquidations.



On August 16, according to data monitoring by Coinglass, Bitcoin is currently trapped in a critical price battle zone. Once the two core price levels are broken, it will trigger massive liquidations on mainstream centralized exchanges (CEX), and the market volatility risk will surge:

- 💥Downward Alert: If the price falls below $116,000, the cumulative liquidation scale of long positions on major CEXs will reach $1.041 billion, and long positions may face concentrated liquidation impact;
- 💥Upward Explosion: If a strong breakout occurs at the $119,000 round number, the cumulative short position liquidation intensity on mainstream CEXs will reach $1.014 billion, and short positions may face large-scale forced liquidation.

#美7月PPI年率高于预期# #以太坊ETF突破300亿美元#
ETH-1.16%
BTC-0.28%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)