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CoinWorld News: On January 16, according to Coinglass data, if Bitcoin falls below $94,000, the cumulative long liquidation strength on major CEXs will reach 263 million USD. Conversely, if Bitcoin breaks above $97,000, the cumulative short liquidation strength on major CEXs will reach 97.56 million USD. Note from CoinWorld: 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 to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price reaching a certain level will be affected. Higher "liquidation bars" indicate that once the price reaches that level, it will trigger a stronger reaction due to liquidity waves.