If Bitcoin rebounds above $98,000, the mainstream CEX cumulative short liquidation pressure will reach $1.275 billion.

BlockBeats News, November 15th, according to Coinglass data, if Bitcoin rebounds above $98,000, the total short liquidation intensity on mainstream CEXs will reach $1.275 billion.

Conversely, if Bitcoin falls below $94,000, the total long liquidation intensity on mainstream CEXs will reach $855 million.

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

Therefore, the liquidation chart shows to what extent the price target will be affected when reached. A higher "liquidation bar" indicates that when the price reaches that level, a more intense reaction will occur due to a liquidity cascade.