BlockBeats News, December 26th, according to Coinglass data, if Bitcoin falls below $87,000, the cumulative long liquidation intensity of mainstream CEX will reach 763 million.
Conversely, if Bitcoin breaks above $90,000, the cumulative short liquidation intensity of mainstream CEX will reach 402 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that once the price reaches that point, a more intense reaction will occur due to a liquidity cascade.
