If Bitcoin falls below $80,000, the mainstream CEX long liquidation pressure will reach $196 million

BlockBeats News, April 3rd, according to Coinglass data, if Bitcoin falls below $80,000, the cumulative long liquidation intensity of mainstream CEX will reach 196 million.

On the other hand, if Bitcoin surpasses $84,000, the cumulative short liquidation intensity of mainstream CEX will reach 332 million.

BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to adjacent liquidation clusters, in other words, intensity.

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade when it reaches that level.