If Bitcoin breaks $91,000, mainstream CEX cumulative short liquidation pressure will reach $806 million

BlockBeats News, January 2nd, according to Coinglass data, if Bitcoin breaks through $91,000, the mainstream CEX's total short liquidation intensity will reach $806 million.

Conversely, if Bitcoin falls below $88,000, the mainstream CEX's total long liquidation intensity will also reach $806 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent reaching a certain price level will be impacted. A higher "liquidation bar" indicates that the price, when reached, will experience a more intense reaction due to a liquidity cascade.