**BTC Approaches Key Levels, Two Major Liquidation Windows Emerge**

According to the latest analysis by on-chain data tracking agencies, Bitcoin is approaching several important technical thresholds. Data shows that if BTC surges past the $91,504 resistance, the liquidation of short positions across major mainstream trading platforms could release a total of approximately $503 million.

From a risk management perspective, the liquidation risk at this price point is not to be underestimated. Correspondingly, there is also a reverse risk exposure in the market—if Bitcoin falls below the $83,850 support level, long positions will face an equivalent scale of liquidation pressure, with total liquidation strength also reaching $503 million.

Interestingly, the liquidation scales at these two price points are exactly the same, indicating that the current market forces of bulls and bears are relatively balanced. As of the latest data, BTC is oscillating around $93.11K, very close to the breakout point above, which also means that the risk of short liquidation is gradually approaching.

Traders should pay close attention to the breakout of these two levels. Once liquidation triggers in either direction, the resulting chain reaction could directly impact the subsequent market trend. Such high-intensity liquidation zones often serve as key support and resistance levels in technical analysis and warrant close monitoring.