Data: If Bitcoin rebounds and breaks through $104,000, the cumulative short liquidation intensity on mainstream CEX will reach $864 million

If Bitcoin rises and breaks through $104,000, the cumulative short liquidation intensity on major CEXs will reach $864 million. Conversely, if Bitcoin falls below $100,000, the cumulative long liquidation intensity on major CEXs will reach $892 million.

Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.