BTC approaches the key liquidation zone: the Bull vs Bear Battle between $90,000 and $93,000

[Coin World] On November 30, Coinglass showed two key price levels: if Bitcoin breaks through the $93,000 barrier, short positions on major exchanges will get liquidated at $509 million; if it turns around and falls below $90,000, long positions will face $514 million in liquidation.

This liquidation intensity data should be viewed in this way—it does not tell you the exact number of contracts waiting to be settled, nor does it provide the precise liquidation amount. The bars on the chart actually show the relative importance of the “liquidation clusters” at different price levels. In simpler terms: when the price reaches a certain point, to what extent will the market be shaken.

The higher the pillar, the more it means that liquidity will surge like a tide after reaching that price level, and the price response will be more intense. This is a signal to identify the market's weaknesses.