– Bitcoin nears $125K as $16.41B short liquidation risk looms, with key threshold triggering potential short squeezes.
– Bybit leads with $40.42M short liquidation exposure, followed by Binance ($18.78M) and OKX ($1.23M) on leveraged bearish bets.
– Market analysis shows aggressive short positioning in $111K-$125K range, but long liquidation leverage dropped sharply to $410K.
– Historical patterns suggest price acceleration could follow forced short covering if bullish momentum breaks key resistance levels.
