Liquidation data from Coinglass reveals critical price thresholds for Bitcoin traders. Should BTC's price drops toward $85,669, the total liquidation volume for long positions across major centralized exchanges would reach $2.231 billion. On the flip side, if Bitcoin surpasses $94,129, short liquidation pressure on major CEXs could climb to $843 million.

With BTC currently trading around $93.02K, the market finds itself near the upper liquidation zone, suggesting heightened risk for short sellers, while long positions maintain relative stability above the lower threshold. These liquidation levels serve as critical reference points for risk management in the current market cycle.