According to ChainCatcher news, according to Coinglass data, if Bitcoin falls below $80,000, the cumulative liquidation intensity of long orders on mainstream CEXs will reach 286 million. Conversely, if Bitcoin exceeds $85,000, the cumulative liquidation intensity of short orders on mainstream CEXs will reach $698 million.
Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The columns on the liquidation chart show the importance of each liquidation cluster relative to the liquidation cluster, that is, the strength. Therefore, the liquidation chart shows how much the underlying price will be affected when it reaches a certain position. A higher “clearing bar” means that the price will react more strongly to the liquidity wave when it arrives.
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