Bitcoin price breaking through $104,000 or falling below $102,000 will trigger changes in liquidation intensity

According to BlockBeats, on May 9, Coinglass data shows that if Bitcoin breaks through $104,000, the cumulative short liquidation intensity on mainstream CEX will reach $646 million. If Bitcoin falls below $102,000, the cumulative long liquidation intensity on mainstream CEX will reach $356 million. Note from BlockBeats: The liquidation chart shows the extent of impact when the price reaches a certain level; higher liquidation bars indicate that price changes will trigger a stronger market reaction.