The cryptocurrency market is currently experiencing potential liquidation zones, with significant risks for both long and short positions. For long liquidation zones, assets such as $ZKP, $POL, and $FET are at risk of price drops, with open interest (OI) and funding rates (FR) indicating potential declines. For instance, $ZKP is trading at $0.14 with an OI of 62.84M and an FR of -4.790%, targeting a drop to $0.13. Conversely, short liquidation zones suggest potential price increases for assets like $DOGE and $ADA. $DOGE, currently at $0.14, has an OI of 1.75B and an FR of 0.800%, with targets set for a rise to $0.16. These zones highlight areas where price movements could trigger liquidations, impacting overleveraged positions.