Short Position Liquidation Forecast Amid BTC and ETH Growth

The cryptocurrency market is currently dominated by short sellers, creating the potential for significant price movements. Liquidation map analysis reveals substantial volumes of open short positions across major assets.

Potential Liquidation Scenarios

A sharp rise in Bitcoin to around $91,100 could trigger a wave of short position liquidations. The total volume of such positions would exceed $5.63 billion.

A similar scenario is forecast for Ethereum. If the asset's price moves rapidly to approximately $2,700, the volume of SHORT position liquidations would surpass $3.18 billion.

Key Liquidation Data

• BTC Target Price: ~$91,100
• SHORT Liquidation Volume for BTC: >$5.63B
• ETH Target Price: ~$2,700
• SHORT Liquidation Volume for ETH: >$3.18B

Detailed information on liquidation distribution is available on the CoinGlass platform in the Futures Liquidation Map section.