The price fluctuations of Bitcoin at #BTC may trigger massive liquidations on CEX, with short liquidations reaching up to 1.8 billion USD and long liquidations up to 900 million USD. The shorts are double the longs. In this tug-of-war, both sides are under pressure, and any breakthrough by either side could accelerate market turbulence. Investors need to be highly vigilant about the potential for extreme volatility and liquidity shocks that far exceed the norm. Traders should pay attention to adjusting their strategies. #cycle theory