If Bitcoin falls below $102,000, the mainstream CEX long liquidation pressure will reach 454 million.

BlockBeats News, November 5th, according to Coinglass data, if Bitcoin falls below $102,000, the cumulative long liquidation intensity of mainstream CEXs will reach $454 million.

Conversely, if Bitcoin surpasses $104,000, the cumulative short liquidation intensity of mainstream CEXs will reach $186 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated, or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring 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 position. A higher "liquidation bar" indicates that the price, once reached, will experience a more pronounced reaction due to a liquidity cascade.