If Bitcoin drops below $100,000, the mainstream CEX long liquidation pressure will reach 288 million.

BlockBeats News, May 19th, according to Coinglass data, if Bitcoin falls below $100,000, the cumulative long liquidation intensity of mainstream CEXs will reach 288 million.

Conversely, if Bitcoin surpasses $104,000, the cumulative short liquidation intensity of mainstream CEXs will reach 252 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to adjacent liquidation clusters, that is, the 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.