Bitcoin's resistance and support levels have always been a focus for traders. According to on-chain data from mainstream exchanges, the current liquidation risk distribution between bulls and bears is quite interesting.

Looking ahead, if BTC drops to the $90,619 mark, long positions on major CEXs will face approximately $2.946 billion in liquidation pressure. What does this number mean? It indicates that once broken, it could trigger a chain reaction of liquidations, further intensifying the downward move.

Conversely, if Bitcoin breaks through $100,105, the situation for bears will be even worse—the cumulative short liquidation strength on major exchanges reaches $815 million. Interestingly, the liquidation pressure for shorts is much lower than for longs, reflecting the market participants' sentiment differences from a side perspective.

These data are very useful for short-term traders, but don't forget that risk management is key.