According to BlockBeats news, on September 25, according to Coinglass data, the current liquidation intensity of long orders on mainstream CEX is significantly higher than that of short orders. If Bitcoin falls below $62,000, the cumulative long order liquidation intensity of mainstream CEX will reach 1.819 billion.

On the contrary, if Bitcoin breaks through $66,000, the cumulative short order liquidation intensity of mainstream CEX will reach 1.005 billion.

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

Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher “liquidation column” means that the price will react more strongly to the liquidity wave after it reaches that position.

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