The Bitcoin market is at a critical turning point. If the Bitcoin price can break through the $114,000 barrier, the cumulative short liquidation scale of major centralized exchanges (CEX) will reach an astonishing $603 million. This figure highlights the concentration of bearish sentiment in the market.

On the contrary, if the price of Bitcoin falls below $112,000, the liquidation size of long positions on the same exchange platform is expected to be only $68.916 million. This significant asymmetry reflects the current sentiment and position distribution among market participants.

The huge difference in the scale of this clearing not only reveals the potential volatility of the market but also highlights the different bets traders are making within the current price range. The game between bulls and bears is unfolding within this narrow price range, and any breakthrough in either direction could trigger a chain reaction.

It is worth noting that this situation not only affects Bitcoin but may also impact other major cryptocurrencies such as Ethereum (ETH) and Ripple (XRP). Investors and traders should closely monitor the fluctuations in this key price range, as well as the potential market volatility that may follow.