**Bitcoin’s volatility is being fueled by potential liquidation risks between $104,000 and $106,000.** These price levels contain significant liquidity clusters that could lead to intensified market fluctuations. 885 million dollars in long positions are vulnerable below $104,000, while short positions at over $106,000 face exposure of $11.6 million, according to financial data. **The event is drawing attention from both market participants and exchanges.** Large positions in Bitcoin futures on platforms like Binance, OKX, and BitMEX may be affected by these liquidity clusters. 2021 and 2022 saw similar events where liquidations triggered price swings. Similar patterns could emerge in the current market dynamics. **For now, there are no official comments from industry leaders about this event.** To stay updated on ongoing developments, refer to CoinGlass Liquidation Data. This information is for informational purposes only, and should not be considered financial advice. Cryptocurrency markets remain volatile, and investing involves risk. Always conduct your own research and consult a financial advisor.