ChainCatcher news: According to Coinglass data, if Bitcoin falls below $89,000, the cumulative liquidation intensity of long positions on mainstream CEX will reach $894 million. Conversely, if Bitcoin breaks through $92,000, the cumulative liquidation intensity of short positions on mainstream CEX will reach $560 million.
Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the precise value of liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity. Therefore, the liquidation chart demonstrates the degree to which the underlying price will be affected when it reaches a certain level. Higher "liquidation bars" indicate that when price reaches that level, there will be a more intense reaction due to liquidity waves.