Analysis of the liquidation data for the two key BTC price levels: 85,000 and 87,000.

[Block Rhythm] On December 1st, there is a data point worth noting: if Bitcoin falls below 85,000 USD, the long order liquidation intensity at mainstream exchanges could surge to 315 million.

Looking up, if it breaks 87,000, the liquidation intensity of short orders is about 142 million.

It should be noted that the liquidation chart does not tell you exactly how many contracts are about to be liquidated, nor is it an accurate representation of the amount being liquidated. The bars on the chart actually display the relative importance between different liquidation clusters - in simple terms, it's a comparison of intensity.

So the truly useful information is: when the price reaches a certain level, how much the market will be affected. The higher the column, the more intense the liquidity surge will be after the price touches it, and the market response will also be more severe.