According to the latest market analysis, the drastic fluctuations in Bitcoin (BTC) prices may trigger large-scale liquidation events. Market data shows that if the BTC price falls below $108,000, long positions on major Centralized Exchanges (CEX) will face liquidation risks exceeding $2.1 billion. Conversely, if BTC breaks through $119,000, short positions will also face liquidation pressure of up to $2.05 billion. This data reflects the high volatility and potential risks of the current Crypto Assets market. Investors need to closely monitor market trends and implement Risk Management. At the same time, this enormous liquidation potential also highlights the double-edged sword effect of Margin Trading, reminding participants to operate cautiously and allocate funds wisely.