BlockBeats News, December 30th, according to Coinglass data, if Bitcoin falls below $91,000, the cumulative long liquidation intensity of mainstream CEXs will reach 362 million.
Conversely, if Bitcoin exceeds $95,000, the cumulative short liquidation intensity of mainstream CEXs will reach 339 million.
BlockBeats 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 bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, meaning intensity.
Therefore, the liquidation chart shows to what extent the underlying price will be affected when reaching a certain position. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.