If Bitcoin breaks $102,000, the mainstream CEX cumulative short liquidation pressure will reach $788 million

BlockBeats News, January 16th, according to Coinglass data, if Bitcoin breaks through $102,000, the cumulative short liquidation intensity of mainstream CEXs will reach $788 million;

Conversely, if Bitcoin falls below $98,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.168 billion.

BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts being 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 the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade when it reaches that level.