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Data: If Bitcoin falls below $90,000, the total liquidation strength of long positions on mainstream CEXs will reach 1.07 billion.
Mars Finance News: According to Coinglass data, if Bitcoin falls below $90,000, the cumulative long liquidation intensity on mainstream CEXs will reach 1.07 billion. Conversely, if Bitcoin breaks through $92,000, the cumulative short liquidation intensity on mainstream CEXs will reach 417 million. Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher “liquidation bars” indicate that the price will trigger a stronger reaction due to liquidity waves.