ChainThink News, December 19: According to Coinglass data, if Bitcoin breaks above $90,000, the cumulative short liquidation intensity on major CEXs will reach $1.08 billion.

Conversely, if Bitcoin falls below $86,000, the cumulative long liquidation intensity on major CEXs will reach $780 million.

ChainThink Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the precise value of liquidated contracts. Instead, the bars on the chart represent the relative importance of each liquidation cluster compared to adjacent clusters—i.e., intensity.

Thus, the liquidation chart illustrates the degree of impact when the spot price reaches a certain level. Higher "liquidation bars" indicate a more intense market reaction triggered by a liquidity wave upon price arrival at that level.