Bitcoin is approaching the $97,000 mark, with data from Coinglass indicating that if this threshold is surpassed, the cumulative short-position liquidation volume on major centralized exchanges (CEXs) could reach $645 million. Conversely, a drop below $93,000 could trigger a cumulative long-position liquidation volume of $752 million. The liquidation chart highlights the intensity of potential liquidations, suggesting significant market reactions at these price levels.