🔥🔥 The Bitcoin bull-bear showdown escalates! Key price level locks in over 1 billion in liquidations.

On August 16, according to data monitoring by Coinglass, Bitcoin is currently trapped in a critical price battle zone. Once the two core price levels are broken, it will trigger massive liquidations on mainstream centralized exchanges (CEX), and the market volatility risk will surge:

- 💥Downward Alert: If the price falls below $116,000, the cumulative liquidation scale of long positions on major CEXs will reach $1.041 billion, and long positions may face concentrated liquidation impact;
- 💥Upward Explosion: If a strong breakout occurs at the $119,000 round number, the cumulative short position liquidation intensity on mainstream CEXs will reach $1.014 billion, and short positions may face large-scale forced liquidation.

#美7月PPI年率高于预期 #以太坊ETF突破300亿美元