According to CrypNuevo, if the price breaks below $94.7k, it may drop to $92.5k where additional high-time-frame (HTF) liquidations could occur. However, the exact number of these HTF liquidations is uncertain, which is why CrypNuevo prefers focusing on low-time-frame (LTF) liquidations. The area between $94.7k and $95k is identified as a potential bounce zone if prices don't fall further.

According to CrypNuevo, recent liquidation data provided a successful long trade from $93.3k to $99k. Current analysis of liquidation levels shows an equal potential for downside and upside movements, although there may be more potential upward due to the current lower timeframe (LTF) downtrend. Key price levels to watch are $94.7k and $92.5k, as they could signal major trading opportunities.