On April 8, according to Coinglass data, if Bitcoin exceeds US$82,000, the cumulative short list clearing intensity of mainstream CEX will reach 633 million.
On the contrary, if Bitcoin falls below $79,000, the cumulative long-term liquidation intensity of mainstream CEX will reach 375 million.
Note: A liquidation chart does not show the exact number of contracts to be liquidated, or the exact value of the contract being liquidated. The columns on the clearing chart show the importance of each clearing cluster relatively close to the clearing cluster, that is, the intensity.
Therefore, the liquidation chart shows how much the target price will be affected to a certain position. A higher "clearing bar" means that the price will have a stronger reaction due to the liquidity wave after it arrives.
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