BlockBeats News, January 2nd, according to Coinglass data, if Bitcoin breaks through $90,000, the mainstream CEX cumulative short liquidation intensity will reach $541 million.
Conversely, if Bitcoin falls below $87,000, the mainstream CEX cumulative long liquidation intensity will reach $703 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the intensity.
Therefore, the liquidation chart shows to what extent reaching a certain target price will be affected. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade when it reaches that point.
