If Bitcoin drops below $80,000, the mainstream CEX long liquidation pressure will reach 5.09 billion.

BlockBeats News, March 18th, according to Coinglass data, if Bitcoin falls below $80,000, the cumulative long liquidation intensity of mainstream CEXs will reach 5.09 billion.

Conversely, if Bitcoin surpasses $85,000, the cumulative short liquidation intensity of mainstream CEXs will reach 16.4 billion.

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

Therefore, the liquidation chart shows to what extent reaching a certain price level will impact the market. Higher "liquidation bars" indicate that once the price reaches that level, a more intense reaction will occur due to a liquidity cascade.