If BTC breaks $63351, more than 442 million may be liquidated

According to Woofun AI, the long and short game in the Bitcoin market has reached a critical tipping point. On-chain data detected by CoinGlass revealed the fragility of the current position structure, and small price fluctuations can trigger huge capital redistribution.

According to data compiled by Woofun AI, once the Bitcoin price breaks through the $63,351 bullish support level, long positions of about US$442 million in mainstream exchanges such as Binance, OKX, and Bybit will face forced liquidation. Below this threshold, a large number of highly leveraged long contracts have gathered. Reaching this level will trigger chain sell-offs, further amplifying downward pressure and highlighting the extreme vulnerability of highly leveraged traders in the current volatile market.

Conversely, if the price rebounds above $64,605, the short positions of about $267.34 million will be liquidated, and the potential shortfall may quickly push up the currency price. Currently, the market is hovering within a narrow range. Traders are paying close attention to macro-variables such as interest rate expectations and changes in regulatory policies. The dynamic changes in clearing data reflect the psychological game and risk exposure of the long and short sides at key prices.

In the short term, $63,351 and $64,605 form the core nodes of the Bitcoin price game, corresponding to the liquidation risks of $442 million in bulls and $267 million in bears, respectively. For long-term investors, identifying these liquidation-intensive areas can help seize shifts in market sentiment, use cash reserves to find opportunities in the midst of fluctuations, and strictly implement risk management to deal with the uncertainty caused by high volatility.