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**BTC Breaks Through the $92,887 Level; Liquidation Data Reveals Market Risk Points**
On-chain data platform Coinglass's latest monitoring shows that both upward and downward movements of Bitcoin are hiding significant liquidation pressures.
If BTC continues to rise and breaks through the key level of $92,887, the accumulated short positions on mainstream centralized exchanges will face a liquidation wave worth approximately $1.468 billion. This figure indicates that bearish investors in BTC have established substantial defensive positions.
Conversely, the risk below should not be underestimated. If BTC loses the support level of $84,331, the liquidation strength of long positions will reach $1.412 billion, nearly matching the scale of short liquidations above, forming a symmetrical market pressure.
According to the latest data, BTC is currently trading around $93.10K, approaching the upper liquidation trigger point. This means that breaking through $92,887 has become a high-probability event. Once it occurs, short liquidations could trigger a chain reaction, pushing the market further upward. Investors need to closely monitor these two extreme levels, as they not only represent price thresholds but also the dividing line of large capital interests.