BTC faces $800 million in symmetric liquidation intensity, with $99,311 as the next key breakthrough point.

According to the latest news, if BTC breaks through $99,311, the cumulative short liquidation strength on mainstream CEXs will reach $8.07 billion; conversely, if it falls below $91,079, the long liquidation strength will also reach $8.07 billion. This symmetrical liquidation strength setup reflects the current market position distribution at these two price points and also indicates that any breakout in either direction could trigger significant liquidity shocks.

Market Implications of Liquidation Strength

First, it is important to understand what liquidation strength means. According to Coinglass’s definition, the bars on the liquidation chart do not represent the exact number of contracts pending liquidation but rather the importance of each liquidation cluster relative to nearby clusters. In other words, higher liquidation bars indicate that when the price reaches that level, the wave of liquidity will generate a more intense reaction.

The current position of BTC is crucial

From relevant information, BTC is currently around $95,188.01. This means:

• There is only about $4,100 worth of space before reaching the short liquidation strength at $99,311
• There is about $4,100 worth of space before reaching the long liquidation strength at $91,079
• BTC is precisely in the middle of these two symmetrical liquidation strengths

This position itself is quite interesting. The market has accumulated significant positions in both directions, and whoever breaks this equilibrium point first could trigger a chain reaction.

Market sentiment is bearish but price shows resilience

From multiple data points in relevant information, the current market sentiment is not optimistic:

• Funding rates on mainstream CEXs and DEXs indicate a bearish market
• In the past 24 hours, the entire network experienced $162 million in liquidations, including $116 million long liquidations
• There has been a noticeable outflow of funds in recent days, as investors adjust their positions

However, it is worth noting that BTC has maintained relative resilience under this sentiment. The 7-day increase is 4.87%, and the 30-day increase is 9.25%, indicating that although bearish sentiment is strong, the shorting force has not completely suppressed the price.

What to Watch Next

From a technical perspective, $99,311 is a clear breakout target. If BTC can break through this level amid bearish sentiment, the release of short liquidation strength could accelerate upward. Conversely, if it falls below $91,079 under downward pressure, large-scale long liquidations will intensify the decline.

My personal view is that the current market is like a compressed spring, with clear trigger points on both ends. The key is which side gets broken first — this depends not only on the price itself but also on whether market sentiment can reverse and whether new catalysts emerge.

Summary

The $8.07 billion symmetrical liquidation strength faced by BTC reflects both the current market balance and potential risk points. Breakouts above $99,311 and below $91,079 are critical levels to watch closely. In the current environment where market sentiment is bearish but price remains resilient, the upcoming price movements could be quite volatile — whichever side breaks first may trigger significant liquidity shocks and chain reactions. It is recommended to monitor the performance of these two key levels and any signals of shifts in market sentiment.