BlockBeats news, on March 15, according to Coinglass data, if Bitcoin breaks through $73,000, the cumulative short liquidation intensity of mainstream CEX will reach 429 million.

Conversely, if Bitcoin falls below $70,000, the cumulative long liquidation intensity of mainstream CEX will reach 459 million.

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 illustrate the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent the target price reaching a certain position will be affected. Higher 'liquidation bars' indicate that once the price reaches that point, there will be a stronger reaction due to the liquidity wave.