BlockBeats News, January 28th, according to Coinglass data, if Bitcoin rebounds above $90,000, the cumulative short liquidation intensity of mainstream CEX will reach 435 million.
Conversely, if Bitcoin falls below $88,000, the cumulative long liquidation intensity of mainstream CEX will be 497 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 adjacent liquidation clusters, that is, 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 reaching that level will trigger a more intense response due to a liquidity cascade.
