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Data: If Bitcoin falls below $94,000, the total long liquidation strength on mainstream CEXs will reach 263 million.
Mars Finance News: According to Coinglass data, if Bitcoin falls below $94,000, the cumulative long liquidation intensity on major CEXs will reach $263 million. Conversely, if Bitcoin breaks through $97,000, the cumulative short liquidation intensity on major CEXs will reach $97.56 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 in proximity to other clusters, i.e., the intensity. Therefore, the chart shows how much the price of the underlying asset will be affected when reaching a certain level. Higher “liquidation bars” indicate that the price will react more strongly due to liquidity waves once reached.