If Bitcoin breaks through $93,000, the total short liquidation intensity on major CEXs will reach $352 million.

According to Mars Finance, Coinglass data indicates that if Bitcoin breaks through $93,000, the cumulative short liquidation intensity on major CEXs will reach $352 million. Conversely, if Bitcoin falls below $90,000, the cumulative long liquidation intensity on major CEXs will reach $637 million. The liquidation chart does not show the exact number of contracts awaiting liquidation, or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to its neighboring clusters, i.e., its strength. Therefore, the liquidation chart shows the extent to which a price level will be affected. Higher "liquidation bars" indicate that the price will react more strongly to the liquidity surge once it reaches that level.