BlockBeats News, April 11, according to Coinglass data, if Bitcoin rebounds and breaks through $81,000, the cumulative short liquidation intensity on mainstream CEX will reach $1.184 billion.

Conversely, if Bitcoin falls below $78,000, the cumulative long liquidation intensity on mainstream CEX will reach $1.027 billion.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.

Therefore, the liquidation chart shows to what extent the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that point, it will result in a stronger reaction due to a wave of liquidity.